Yes, non-EU companies with significant operations in the EU are required to comply with CSRD. Specifically, if your company generates more than €150 million in net turnover in the EU and has a large subsidiary or branch there, you fall under the CSRD’s scope. This requirement ensures that any company with a substantial impact on the EU market provides transparent and consistent sustainability information.

The inclusion of non-EU companies in the CSRD framework reflects the EU’s commitment to global sustainability standards. This means that even if your company’s headquarters are outside the EU, you may still need to align your reporting with the stringent requirements of CSRD. It’s important to assess your company’s exposure to the EU market and determine whether you need to comply.

For non-EU companies, complying with CSRD may involve adapting existing reporting practices or implementing new processes.

Consulting with legal and sustainability experts can help ensure that your company meets all necessary requirements.

More information on the scope of CSRD can be found in our free CSRD reporting guide, or reach out to our team today.