The CSRD applies to a large scope of companies, even outside the EU.
CSRD applies to:
Large listed companies, banks, and insurance companies already subject to the NFRD
Other listed EU companies
Listed European SMEs
Large private European companies
Have two or more of: (1) 250+ employees, (2) 50m+ annual revenues, (3) €25m+ balance sheet
Non-European companies with significant business in the EU
The CSRD significantly broadens the scope of the NFRD, roughly quadrupling the number of covered organisations to over 50,000 companies. However, it comes under a phased implementation timeline. Learn more about the CSRD timeline here.