Navigating the revised Corporate Sustainability Reporting Directive (CSRD)

5 March 2026

Tags Sustainability Risk & regulation Environmental, social and governance Technical publication

Guidance on the simplified EU sustainability reporting requirements for organisations located both inside and outside the Union

The European Union (EU) has shifted in its approach of the sustainability reporting framework. After months of political negotiations, EU institutions reached an agreement in December 2025 on the adoption of the “Content” Directive, which was published in the Official Journal of the EU on 26 February 2026. This is exactly one year after the European Commission launched the revision process to simplify both the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD) as part of the “Omnibus I” package.

These simplification measures aim to strengthen EU competitiveness by streamlining regulatory requirements and reducing the administrative burden. As a result, the CSRD thresholds have been revised upward so that they only apply to the largest companies in the Union. Consequently, a significant proportion of companies originally expected to fall under the Directive are therefore no longer subject to mandatory reporting. While the principle of covering non-EU groups operating in the EU has been maintained, applicable thresholds have also been increased compared to the original CSRD.

In this context, our guides provide practical insights to help both EU and non-EU organisations understand whether they fall within the revised CSRD scope and which sustainability reporting frameworks apply. In addition, they help them to identify when they are subject to these requirements and support them in addressing the related implementation challenges.

Key questions covered by our guides:

Why has the CSRD been revised?

The EU revised the CSRD to reduce administrative burden and enhance the Union’s competitiveness while preserving the need for sustainability information from large economic players in the single market.

How has the original scope of the CSRD been redefined?

Only EU companies (and non-EU issuers) with more than €450m net turnover and more than 1,000 employees on average remain in scope; listed SMEs and other large companies are now removed. Non-EU groups operating in the Union are still concerned but under higher thresholds.

What are the other main changes introduced in the revised CSRD?

Key changes include notably the expansion of exemption situations, the reinforcement of the value chain cap, the removal of sector-specific standards and the removal of the move to reasonable assurance.

When does the revised CSRD apply?

Newly in-scope companies will report on the 2027 financial year (publications in 2028); non-EU groups on the 2028 financial year (publications in 2029).

How are companies outside of the EU affected by the revised CSRD?

Non-EU companies listed in the EU face the same requirements as EU companies. Non-EU groups with significant activity in the EU must comply with specific reporting requirements.

To find out more information on how the revised CSRD impacts organisations located both inside and outside the Union, download our guides below: