From 2023, the Corporate Sustainability Reporting Directive will apply to all large EU companies and all listed companies, including SMEs.

It replaces the EU’s existing Non-Financial Reporting Directive requirements, and requires companies to set out in greater detail the nature and extent of their environment, sustainability and corporate governance (ESG) practices.

Ireland’s top 50 companies, both listed and unlisted, have more to do to prepare for the changes, according to analysis by KPMG.

The report highlighted a significant disparity between listed and non-listed companies.

The analysis looked at the quality of the sustainability-related information currently being reported by the 50 companies.

In addition, of the companies that have started reporting, just 4% obtain any external assurance over their sustainability-related indicators.

More information

Read KPMG’s analysis, Sustainability reporting - are you ready?

Visit ACCA's resource page on sustainability