CSRD & Digital Product Passports
EU 2022/2464
The CSRD requires large companies and listed SMEs to report on environmental and social sustainability using European Sustainability Reporting Standards (ESRS). Product-level environmental data captured in DPPs feeds directly into CSRD reporting requ...
Overview
The CSRD requires large companies and listed SMEs to report on environmental and social sustainability using European Sustainability Reporting Standards (ESRS). Product-level environmental data captured in DPPs feeds directly into CSRD reporting requirements, particularly around carbon footprint, resource use, and circular economy metrics.
Key Requirements
The CSRD introduces several requirements that directly impact how businesses manage product data and Digital Product Passports.
- Detailed sustainability reporting using ESRS standards
- Double materiality assessment (impact and financial)
- Scope 1, 2, and 3 emissions reporting
- Circular economy and resource use disclosures
- Supply chain due diligence reporting
- Third-party assurance of sustainability reports
- Machine-readable digital tagging (ESEF/iXBRL)
- Product-level environmental data aggregation
Implementation Timeline
Key dates and milestones for the CSRD.
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January 2024
Phase 1: Large Public-Interest Entities
Companies already subject to NFRD begin CSRD reporting for FY2024.
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January 2025
Phase 2: Large Companies
Other large companies (250+ employees, €40M+ turnover) begin reporting.
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January 2026
Phase 3: Listed SMEs
Listed small and medium enterprises begin reporting (with opt-out until 2028).
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January 2028
Phase 4: Non-EU Companies
Non-EU companies with significant EU activity (€150M+ EU turnover) must report.
Affected Sectors
These product sectors are impacted by the CSRD. Each has specific DPP requirements and deadlines.
Frequently Asked Questions
How does CSRD connect to DPPs?
DPPs capture product-level sustainability data (carbon footprint, materials, recyclability) that aggregates into the company-level disclosures required by CSRD. Having DPPs makes CSRD reporting significantly easier.
Who needs to comply with CSRD?
Large companies (250+ employees or €40M+ turnover), listed SMEs, and non-EU companies with €150M+ EU turnover. Requirements are phased in from 2024 to 2028.
Is CSRD reporting machine-readable?
Yes. CSRD reports must be digitally tagged using ESEF/iXBRL format, making them machine-readable — similar to the machine-readability requirements for DPPs.
Can DPP data reduce CSRD compliance burden?
Absolutely. Product-level DPP data provides the raw environmental and circularity data needed for CSRD disclosures, reducing manual data collection effort.
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Prepare for CSRD Compliance
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