ISRB 2024/05 CSRD for Non-EU Companies (updated as at September 11, 2024)

BDO reviews Corporate Sustainability Reporting for Non-EU Companies. International Sustainability Reporting Bulletin 2024/05 updated as of September 11, 2024. 
 
The EU’s Corporate Sustainability Reporting Directive (CSRD) becomes effective for many entities in 2024, with a later effective date for some entities. The scope of the CSRD will apply to many non-EU groups, which will have a significant effect, including the requirement to apply European Sustainability Reporting Standards. It is crucial for non-EU groups to determine if they will have a reporting obligation under the CSRD.

BDO’s ISRB 2024/05 summarises the scoping rules of the CSRD applicable to non-EU groups and has been updated to reflect clarifications provided in the CSRD FAQs released by European Commission on 7 August 2024.

BDO in Ukraine provides services for the development of ESG reports, helping companies to prepare reports. This is necessary to ensure transparency and compliance with international standards, which is especially important for companies from non-EU countries that are subject to new requirements.

Contact us if you have additional questions.

Source: BDO Global

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