ESG (Environmental, Social, Governance) and CSRD reporting are
no longer voluntary initiatives. With the adoption of Greek
Law 5164/2024, which transposes the EU Corporate
Sustainability Reporting Directive (CSRD), Greece has
entered a new era of mandatory, audited, and standardised
sustainability reporting.
For management teams across Greece, understanding this framework
is now a strategic requirement. Even companies not
directly subject to the law will be impacted through supply-chain
obligations and partner demands.
1. Who Is Directly Affected?
Law 5164/2024 revises the size criteria of Law 4308/2014. A
company is classified as a large entity if, for two
consecutive financial years, it exceeds at least two of the
following:
