The time it takes to complete CSRD reporting can vary significantly depending on your company’s size, the maturity of your existing reporting processes, and the complexity of your operations.

For companies with well-established ESG reporting systems, it may take just a few months to align with CSRD requirements. However, companies new to sustainability reporting might need a year or more to fully prepare.

Key factors influencing the timeline include

- The availability of accurate data

- The need to train staff on new reporting standards

- The integration of sustainability reporting with financial reporting processes.

Companies may also need to invest time in conducting a materiality assessment, which is crucial for identifying the most important sustainability issues to report on.

Given these factors, it’s advisable to start preparing as early as possible. Early preparation allows more time to address challenges and ensure that your reporting is thorough and compliant.

For a more detailed breakdown of the reporting process, download our free CSRD reporting guide here.