More than half of EU member states are still transposing the Corporate Sustainability Reporting Directive (CSRD), having missed the 6 July 2024 transposition deadline. The Commission has issued formal infringement notice letters to 17 member states for their failure to transpose the CSRD fully. 

Despite adopting a transposition law, the Czech Republic, Finland and Romania were among the recipients of the letters. The Commission considered their transposition efforts to have been incomplete.

The CSRD requires all large companies to publish regular reports on their environmental and social impact activities. The directive defines a common reporting framework for non-financial data, which aims to ensure that businesses report reliable and comparable sustainability information.

Cullen International’s new benchmark tracks the progress made by the 27 EU member states in transposing the CSRD.

For more information on the benchmark and Cullen's complete CSRD coverage, please click on “Access the full content” - or on “Request Access”, in case you are not subscribed to our Sustainability service.