Your questions, our answers
CSRD
CSRD
"Who does it apply to?"
Large publicly listed companies already subject to the NFRD, employing more than 500 employees must have their report ready for 2025.
Non-listed companies meeting at least two of the following three criterias must have their report ready by 2026:
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More than 250 employees,
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Net turnover exceeding €50 million,
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Total assets exceeding €25 million.
Small and medium-sized European and non-European companies listed on a European regulated market (excluding microenterprises) with the following criteria's must have their report ready by 2027:
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10 employees,
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Net turnover exceeding €900 k,
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Total assets exceeding €450 k.
At Teals Consulting we help businesses understand and implement the CSRD requirements effectively, ensuring compliance and unlocking strategic benefits.
Following the release of the Omnibus Package (26th of february), new thresholds have been proposed and are currently pending approval.
For further details, please refer to the sheet titled "Sustainability in Europe: Taxonomy and CSRD." on this website.
Taxonomy
Companies subject to CSRD.
Non-listed companies in the banking, finance, insurance and pension sectors, exceeding the thresholds of 100 million euros in balance sheet or 100 million euros in sales, and 500 employees.
"Who does it apply to?"
CSRD and Taxonomy
CSRD and Taxonomy
"What are the business benefits of complying with Taxonomy and CSRD?"
Beyond mandatory compliance, the benefits include:
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Access to financing with more favorable interest rates.
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Enhanced reputation and trust with stakeholders.
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Improved operational efficiency through data-driven strategies.
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Proactive risk management in environmental, social, and governance areas.
Our expertise ensures you maximize these opportunities while staying compliant.