Get ready for a new level of ESG reporting

The EU’s new Corporate Sustainability Reporting Directive (CSRD) is transforming the ESG reporting landscape. As part of the CSRD there will be 12 sector agnostic European Sustainability Reporting Standards (ESRSs) to apply, requiring disclosures on hundreds of metrics and targets. Almost 50,000 companies are subject to the CSRD, including non-EU companies which have subsidiaries operating within the EU or are listed on EU regulated markets in accordance with ESRSs. 

Even companies with longstanding experience in sustainability reporting will likely require advancements in their ESG data collection, processing, and reporting systems. 

With our insights from years of sustainability reporting, KPMG professionals have developed a fast-track readiness assessment to evaluate companies’ level of CSRD maturity.  We are able to identify relevant ESG data gaps, benchmark CSRD maturity against peers, and create a clear strategy and a concrete roadmap to CSRD compliance. 

With the first CSRD reports due in 2025 — for companies with year-ending 31 December 2024 — the clock is ticking, and companies need to assess whether they are prepared now. 

The CSRD extends to topics which few companies have had contact with as part of prior sustainability reporting. Next to ESG risk management, social challenges like the treatment of workers – within organization and along their value chain – are also part of the new CSRD. This expansion results in the mandatory disclosure of over  hundreds of metrics and targets, which require input from stakeholders in organizations’ upstream and downstream value chain. In addition there will be a mandatory groupwide limited assurance requirement. 

Throughout this page, “we”, “KPMG”, “us” and “our” refers to the global organization or to one or more of the member firms of KPMG International Limited (“KPMG International”), each of which is a separate legal entity.