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ARTICLE · 27 JANUARY 2025

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Unsustainable Pain: Navigating The Challenges Of CSRD Reporting

Travers Smith LLP
Travers Smith LLP
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Travers Smith LLP

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As we noted in our previous CSRD briefing, 2024 saw a dizzying number of changes for companies in scope of this landmark sustainability reporting regulation.

European UnionEnvironment
Sarah-Jane Denton
Sarah-Jane Denton
Alexandra MacBean
Alexandra MacBean
Simon Witney
Simon Witney
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As we noted in our previous CSRD briefing, 2024 saw a dizzying number of changes for companies in scope of this landmark sustainability reporting regulation. Keeping track of these changes is a big enough challenge. But the real work for many companies – including the thousands of "large" EU companies who are in the second wave – starts in 2025, as they prepare their first sustainability statements for publication in 2026. In this briefing, we will highlight some of the hurdles companies face as they start along the reporting path, and provide some insights on how to tackle them.

We'll use the following acronyms in this article: CSRD (Corporate Sustainability Reporting Directive), EFRAG (the European Commission's advisory body responsible for drafting CSRD reporting standards which are referred to here as ESRS), CS3D (Corporate Sustainability Due Diligence Directive, a directive requiring businesses to identify, assess and act against human rights and environmental

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