Question 1

Who falls under CSRD after Omnibus?

Accepted Answer

Under Directive (EU) 2026/470, CSRD applies to EU companies that exceed two thresholds cumulatively: more than 1,000 employees and more than EUR 450 million in net turnover. The new scope applies to financial years beginning on or after 1 January 2027, with the first reports in 2028. Listed SMEs have been exempted entirely.

Question 2

What happens to non-EU companies?

Accepted Answer

Third-country companies fall into scope if they generate more than EUR 450 million in net turnover in the EU in each of the last two consecutive financial years and have an EU subsidiary or branch with turnover above EUR 200 million.

Question 3

How many datapoints does ESRS (2026) have?

Accepted Answer

The ESRS (2026) delegated act, adopted by the European Commission on 3 July 2026, cuts mandatory datapoints by more than 60%, from over 1,000 to roughly 320, and removes all voluntary datapoints. It becomes mandatory from financial year 2027, with voluntary application in 2026.

Three questions you need
to know the answer to

CSRD applicability checker

The entity

Size criteria (consolidated, where applicable)