CSRD: Where things stand — 2025 update
Updated on November 20, 2025
The Corporate Sustainability Reporting Directive (CSRD) remains at the center of Europe’s evolving sustainability landscape. As the EU continues refining the directive to reduce complexity while maintaining reporting integrity, companies face new questions about scope, timing, and assurance.
What’s inside the Research Note
The latest edition of Novisto’s CSRD Research Note offers a concise, fact-based overview of the directive’s current state — including the latest developments under the Omnibus I Simplification Package and the European Parliament’s recent October 2025 decisions.
Here’s what we cover:
- Updated scope and thresholds, narrowing reporting to the largest EU and non-EU companies.
- The Stop-the-Clock Directive delaying Wave 2 and 3 reporting by two years.
- The continued application of limited assurance, as the move toward reasonable assurance has been paused.
- EFRAG’s ESRS simplifications, reducing disclosure requirements and data points.
- Key outcomes from the October 2025 parliamentary votes, including the reopening of negotiations and what’s next
Why it matters
The proposed adjustments could reshape who reports, when, and how. For sustainability and finance teams, staying informed means staying compliant — and ready to adapt as the EU finalizes its corporate reporting framework.
Download the Research Note
Get a clear, up-to-date view of the CSRD in transition — including what’s confirmed, what’s pending, and how these changes could affect your reporting strategy.
