Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 04 AUGUST 2023

Market Intelligence Thought Leadership Award Winner

Extensive EU Corporate Sustainability Reporting Standards Finalised

William Fry LLP
William Fry LLP
Contributor
William Fry LLP

William Fry LLP

William Fry advises leading Irish and international companies, covering both the public and private...

View firm profile
Explore more from William Fry LLP

The new EU sustainability reporting regime for companies, set out under the Corporate Sustainability Reporting Directive (CSRD)...

European UnionEnvironment
John Aherne
John Aherne
Nessa Joyce
Nessa Joyce
Author LinkedIn connections

The new EU sustainability reporting regime for companies, set out under the Corporate Sustainability Reporting Directive (CSRD), will first apply from 1 January 2024 to large EU listed companies and parents of large groups, with more than 500 employees i.e., those companies already subject to CSRD's predecessor, the Non-Financial Reporting Directive (NFRD).

On a phased-basis, CSRD will apply to all large EU companies and EU parents of large groups (for financial years 2025), EU listed SMEs (for financial years 2026, subject to two year opt-out), and non-EU companies with significant operations in the EU (for financial years 2028). For further details, see our previous briefing on scoping CSRD obligations.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Greenwashing Enforcement Has Arrived: What The EU's New Fast Fashion Rules Signal For All Consumer-Facing Businesses

The EU's Ecodesign for Sustainable Products Regulation has banned the destruction of unsold apparel and footwear from July 2026, forcing retailers to pivot from recycling and disposal to donation, resale and reuse strategies. With mandatory public reporting on unsold stock disposal and stricter policing of environmental marketing claims now in force, consumer-facing businesses across Ireland and the EU face a fundamental shift in how they manage inventory, report waste, and communicate sustainability creden
IrelandEnvironment
RDJ LLP
RDJ LLP
Article

Data Centres: New Regulation On Rating Scheme And Consultation On Minimum Performance Standards

The European Commission has published its final Delegated Regulation establishing a common rating scheme for data centres, introducing electronic sustainability labels for facilities with at least 500 kW of IT power demand. The regulation incorporates significant changes from the draft version, particularly around nuclear energy consumption indicators, and will require data centre operators to understand complex conditionality requirements for energy procurement arrangements.
IrelandEnvironment
Arthur Cox
Arthur Cox
Article

Ireland’s Data Centre Connections: Back Online

Ireland has lifted its data centre connection moratorium and introduced a demanding new framework requiring developers to provide their own generation capacity, source 80% of electricity from new Irish renewables within six years, and meet strict grid stability requirements. The policy creates significant opportunities for developers who can navigate the complex intersection of grid connection, planning permission, and renewable energy procurement, though a pending legal challenge adds uncertainty to the la
IrelandEnergy and Natural Resources
William Fry LLP
William Fry LLP
Article

Data For Sale: Can Insolvent Companies Realise The Value Of Corporate Data?

Spirit Airlines' proposed $10 million sale of a massive de-identified corporate dataset to Google in its Chapter 11 bankruptcy proceedings raises fundamental questions about whether operational business data can be treated as a realisable asset in insolvency. The transaction highlights the legal tension between preserving a dataset's commercial utility and ensuring individuals cannot be identified, particularly when the data maintains referential integrity across multiple systems.
IrelandInsolvency/Bankruptcy/Re-Structuring
William Fry LLP
William Fry LLP
Article

Government Legislative Priorities For Autumn 2026

The Government has published its Autumn 2026 Legislation Programme, identifying 32 bills for priority publication and 32 bills for priority drafting. This article explores a selection of measures likely to be of interest to businesses, spanning digital economy, strategic infrastructure, litigation reform, financial regulation, competition law, corporate structures, employment, pensions, and healthcare sectors.
IrelandGovernment, Public Sector
William Fry LLP
William Fry LLP
Article

Time Running Out As AI Transparency Guidelines Published

The European Commission has published comprehensive guidelines on AI transparency obligations under Article 50 of the EU AI Act, with enforcement beginning August 2, 2026. These guidelines establish how organizations must disclose AI systems, mark synthetic content, label deepfakes, and demonstrate compliance, with significant penalties for non-compliance reaching up to €15 million or 3% of global turnover.
IrelandTechnology
William Fry LLP
William Fry LLP
Article

CBI Consults On Third-Party Risk

The Central Bank of Ireland has published a consultation paper proposing new guidance on managing third-party risks that extends beyond traditional outsourcing to encompass partnerships, joint ventures, and fintech collaborations. The proposed framework aligns with recent European Banking Authority guidelines and DORA, introducing a lifecycle-based approach with enhanced contractual provisions and broader scope than the 2021 guidance it will replace. Financial entities now face the challenge of identifying
IrelandFinance and Banking
William Fry LLP
William Fry LLP