Ir al contenido principal
Libro electrónico

Una introducción a la CSRD

To many, the Corporate Sustainability Reporting Directive will be a game changer in ESG reporting. But what is it, who will it affect, and when does it come into force? This introductory guide breaks it all down.

diseño de edificios ecológicos sostenibles

¿Qué es la CSRD?

The Corporate Sustainability Reporting Directive (CSRD), sets out environmental, social and governance (ESG) reporting requirements for companies and aims to significantly expand the scope of the NFRD, both in terms of who needs to report and what needs to be reported.

First proposed in April 2021, this new European Union (EU) legislation developed by the European Financial Reporting Advisory Group (EFRAG) will gradually be coming into play over the next few years. It expands upon, and will replace, the Non-Financial Reporting Directive (NFRD), which has been in force since 2018.

New Requirements

What are the new CSRD requirements?

The new CSRD requirements introduce mandatory corporate sustainability reporting standards and the integration of ESG information in management and annual reports. This means mandatory assurance audits and digital tagging of information by the financial reporting team.

scope of CSRD

What is the scope of the CSRD?

All large companies(1) and all companies listed on regulated markets (except micro-enterprises) must comply with CSRD reporting requirements.

CSRD Mandates

When is the CSRD mandated by?

The Corporate Sustainability Reporting Directive officially entered into force on 5 January 2023. A gradual rollout with the first companies due to file will occur in Q1 2025 (applies to FY 2024).

Frequently Asked CSRD Questions

The CSRD will affect all EU-based companies who have:

  • una facturación neta de 40 millones de euros o más;
  • al menos 20 millones de euros en activos;
  • más de 250 empleados.
  • La legislación también concernirá a todas las empresas cotizadas (a excepción de las microempresas).

The CSRD, having a considerably larger reach than the NFRD, (up from 11,000 to around 50,000) also impacts non-EU companies who have with EU-based subsidiaries, or who have securities on EU-regulated markets, are also required to comply with the CSRD. This means, for example, that a UK or US-based multi-entity corporation with a single subsidiary in the EU will need to report in line with CSRD regulations, even if all their other subsidiaries are outside of the EU.

The European Sustainability Reporting Standards (ESRS) are standards being brought in by the CSRD to provide the specific requirements that companies will need to follow in their reporting practices.

En noviembre de 2022, el EFRAG publicó la primera serie de borradores de NERS, que abarcan 12 normas. Estos cubren:

  • General: 1- General requirements, 2- General disclosures
  • Medio ambiente: E1 - Cambio climático, E2 - Contaminación, E3 - Recursos hídricos y marinos, E4 - Biodiversidad y ecosistemas, E5 - Uso de recursos y economía circular
  • Social: S1 - Own Workforce, S2- Workers in the value chain, S3 - Affected communities, S4 - Consumers and end users
  • Governance: G1 - Business Conduct

While reporting in line with E2 - General disclosures and E1 - Climate change is required for all companies in scope of the CSRD, not all of these are mandatory for every company. EFRAG and the ESRS provide detailed information on who needs to follow which specific reporting standards.

The CSRD aims to establish a shared framework for reporting non-financial data. The idea is that by enforcing thorough, robust, standardized reports, everyone— from policymakers and investors to clients and consumers—can make informed decisions on a company’s ESG performance.

La UE cree desde hace tiempo que los inversores y los consumidores tienen derecho a comprender el impacto ESG de las empresas de forma clara y fácilmente comparable. Aunque las normativas existentes (como la NFRD) suponían un paso en esta dirección, el consenso apuntaba a que no eran suficientes.

Los inversores descubrieron que muchos informes ESG omitían información importante o útil, utilizaban parámetros distintos y tenían diferentes áreas de enfoque, lo que dificultaba el hecho de poder basarse en los datos o la comparación entre empresas. Tal y como concluyó la UE, esto puede activar una reacción en cadena para la inversión sostenible, una de sus áreas clave de atención.

Uno de los principales objetivos del CSRD es reunir los componentes «E», «S» y «G» de la presentación de informes ESG de una manera más cohesionada y coherente. Las empresas deberán divulgar información relacionada con:

  • el medio ambiente
  • el trato del personal y un enfoque de las cuestiones sociales
  • los derechos humanos
  • la lucha contra el soborno y la corrupción
  • la diversidad en los consejos de administración
 
Patio interior del edificio del Parlamento Europeo

Resumen ejecutivo: Una instantánea de los CSRD

This guide distills key information about the mandate and how it will impact your organization.

What else should I know?

The CSRD will be granting individual Member States the opportunity to open the market to ‘independent assurance services providers’. Countries that choose to take this option would allow assurance firms as well as auditors to verify the corporate sustainability reporting information provided.

In the future, smaller organizations will also need to report in accordance with the CSRD. Modified regulations tailored for SMEs will be published, and those listed on a regulated market will need to start reporting from 2028.

Our recommendations

Todos a cubierta

The CSRD is a substantial step up from previous ESG reporting standards. To meet these high CSRD standards, your company will need full engagement from all stakeholders, particularly C-level executives and the board of directors. More than putting together a report, the CSRD requires a clear vision and goal setting.

Prepárese ahora

Now that we know exactly what the CSRD entails, it's time to make the necessary decisions to ensure that your organization complies with the mandate.

Manténgase ágil

As the reporting landscape develops, it’s important to assess the processes and tools that underpin daily operations throughout the organization. Do you have access to all the data your organization may need to report on? How is it being gathered? Is it secure, verifiable, and connected? Having these building blocks in place (with the help of the right technology and processes) will prepare you for any upcoming CSRD reporting requirements.

Sepa cómo Workiva puede ayudarle en su viaje hacia la sostenibilidad

Para ayudarle a adelantarse a la evolución de la legislación, nuestra plataforma conecta los datos de toda su organización y los sistemas existentes, todo ello manteniendo el control y mitigando el riesgo. Al permitirle confiar en sus datos e informar de forma transparente y verificable, Workiva le permite ir más allá del cumplimiento y centrarse en comunicar -y alcanzar- los objetivos de su empresa.

Software ESG

Nuestra solución ESG lleva incorporados en la plataforma todos los requisitos de información del CSRD, que optimizamos continuamente para permitir su perfecta integración en el proceso de información.

Vídeo de demostración de ESG

Workiva se distingue de otras herramientas de elaboración de informes ESG por fomentar la colaboración entre varios equipos e integrar los datos de forma inteligente para garantizar la transparencia a lo largo de todo el proceso de elaboración de informes.

El registro online no está disponible actualmente.

Envíe un correo electrónico a events@workiva para registrarse en este evento.

Nuestros formularios están actualmente inactivos.

Póngase en contacto con nosotros en info@workiva.com

Nuestros formularios están actualmente inactivos.

Póngase en contacto con nosotros en info@workiva.com