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ARTICLE · 12 SEPTEMBER 2024

Corporate Sustainability Reporting Directive Update

ELVINGER HOSS PRUSSEN, société anonyme
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While the transposition process of Directive (EU) 2022/2464 as regards corporate sustainability reporting ("CSRD") is still ongoing in Luxembourg, the following is worthwhile noting for companies preparing to comply...

LuxembourgCorporate/Commercial Law
Caroline Bocklandt
Caroline Bocklandt
Katrien Veranneman
Katrien Veranneman

While the transposition process of Directive (EU) 2022/2464 as regards corporate sustainability reporting ("CSRD") is still ongoing in Luxembourg, the following is worthwhile noting for companies preparing to comply with the new framework.

  • EU Commission's FAQs

On 7 August 2024, the European Commission published a draft notice including a set of FAQs on the interpretation of certain legal provisions introduced by the CSRD with the aim of facilitating their implementation by in-scope entities ("FAQs"). The FAQs also clarify certain provisions of the Sustainable Finance Disclosures Regulation as well as the interpretation of certain provisions of the first set of European Sustainability Reporting Standards (ESRS).

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