EU Regulation · Sustainability reporting
CSRD compliance, continuously monitored
The CSRD sets the EU’s sustainability-reporting regime under the ESRS — but its scope and timeline are themselves moving as the 2025 Omnibus package works through the legislature. Kalipso tracks every change, maps it to your reporting obligations, and shows you exactly what still applies to you.
What is CSRD?
The Corporate Sustainability Reporting Directive (Directive (EU) 2022/2464, “CSRD”) is the EU’s framework for mandatory sustainability reporting. It significantly broadens the scope of the earlier Non-Financial Reporting Directive, requires reporting against the European Sustainability Reporting Standards (ESRS) on a “double materiality” basis, mandates limited assurance over the disclosures, and requires the information to be digitally tagged.
The CSRD’s requirements are phased, with the first wave of large entities reporting on financial years from 2024 onward. Crucially, the scope and timetable are in flux: the Commission’s 2025 “Omnibus” simplification package proposed delaying application for later waves and narrowing which companies are caught, and those changes are progressing through the EU legislature. The practical effect is that whether — and from when — CSRD applies to a given entity is a moving question, which is exactly why continuous monitoring matters rather than a one-off scoping exercise.
What CSRD requires
Reporting under the ESRS
Prepare sustainability disclosures in line with the European Sustainability Reporting Standards, covering environmental, social and governance topics.
Double materiality assessment
Assess and report both how sustainability matters affect the business and how the business affects people and the environment.
Limited assurance
Obtain assurance over the reported sustainability information, with the EU intending to move towards reasonable assurance over time.
Digital tagging
Prepare the sustainability statement in the management report and tag it digitally in the required machine-readable format.
Scope and applicability monitoring
Continuously confirm whether and from when the directive applies to your entity, given the ongoing changes to thresholds and timing.
How Kalipso helps with CSRD
Never miss a standard
Kalipso’s Regulatory Radar tracks the CSRD itself, the ESRS, the Omnibus amendments and EFRAG and Commission guidance — the moment they publish — so scope and timeline changes never catch you out.
From text to obligation
Each update is parsed into the concrete obligations it creates or changes for your entity, ranked by how much it affects you — including whether a proposed change moves you in or out of scope.
Gap analysis against your controls
Map ESRS datapoints, double-materiality and assurance requirements to your existing reporting controls and policies, and surface exactly where documentation or controls fall short.
Audit-ready evidence
Every decision, owner and remediation step is logged, so you can show your auditor and stakeholders a defensible trail rather than reconstructing it under pressure.
CSRD by sector
“Kalipso replaced days of manual horizon scanning with a prioritised list of what actually affects us — and the evidence trail our auditors ask for.”
Frequently asked questions
When does the CSRD apply?
The CSRD entered into force on 5 January 2023, with requirements phased in from financial year 2024 for the first wave of large entities. The application dates for later waves are being changed by the 2025 “Omnibus” package, which is still progressing through the EU legislature, so the precise timetable depends on where that reform lands.
Is the CSRD scope still changing?
Yes. The Commission’s 2025 “Omnibus” simplification package proposed delaying application for later waves and raising the thresholds so that fewer companies are caught. Those proposals are not yet final, which means whether and from when the CSRD applies to a given entity remains a moving target — making continuous monitoring essential.
How does Kalipso keep CSRD compliance current?
Kalipso continuously monitors the directive, the ESRS, the Omnibus amendments and related guidance, converts each change into the obligations it affects, and flags the gaps against your reporting framework — including scope changes — so your programme stays current without manual horizon scanning.
See Kalipso on your obligations
Request a walkthrough and we will show you how Kalipso monitors regulatory change, maps it to your obligations and tracks every gap to closure — on your own regulatory scope.