Corporate Sustainability Reporting Directive law requires all large companies and all listed companies (except listed micro-enterprises) to disclose information on what they see as risks and opportunities arising from social and environmental issues, and on the impact of their activities on people and the environment. CSRD ensures that that investors and other stakeholders have access to information relevant to assess sustainability performance of companies and financial risks and opportunities arising from sustainability issues.

The Directive has been adopted and published in the Official Journal of the EU in December 2022, after which some European Sustainability Reporting Standards (ESRS) have been adopted and published. In 2024, co-legislators have twice struck a political deal postponing adoption deadlines for certain ESRS.  

Deutsche Börse Group has always supported adoption of coherent reporting standards to be extended beyond climate only and to provide a level playing field irrespective of form of financing.

For further information on Deutsche Börse Group’s positioning on the matter, find our statements and position papers under Publications.