XBRL
March 24, 2025
Delay in CSRD deadlines
The European Parliament is set to vote on the ‘stop the clock’ proposal on April 1st, potentially delaying the Corporate Sustainability Reporting Directive (CSRD) requirements for Wave 2 and 3 companies by up to two years. If approved, this means many companies won’t be required to report until 2027 or 2028. While this may feel like a reprieve, it’s actually something more powerful: an opportunity.
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