The CSRD expands the scope of sustainability reporting to a much wider set of companies, introducing detailed ESG disclosure standards. It requires firms to report on their environmental and social impacts, governance practices, and climate risks in a structured, comparable format.
Romania has transposed the directive through Ministry of Finance Order no. 85/2024, integrating ESG requirements into national accounting rules. This applies to large companies, listed SMEs, and certain non-EU businesses operating in the EU. For organisations, digital reporting tools and ESG data management platforms will be key to meeting compliance while adding strategic value.
Corporate Sustainability Reporting Directive (CSRD)
The Corporate Sustainability Reporting Directive (CSRD), formally adopted as Directive (EU) 2022/2464, significantly expands the scope and depth of sustainability reporting obligations for companies operating in the European Union. It replaces the previous Non-Financial Reporting Directive and introduces more detailed and standardised requirements aligned with the EU’s broader sustainable finance agenda and climate commitments.
In Romania, the CSRD was transposed into national legislation through Ministry of Finance Order no. 85/2024, published on 26 January 2024. This order updates the national accounting framework to include ESG-related disclosures, making sustainability reporting a mandatory part of annual reports for companies that meet the criteria. As of May 2025, Romania is among the EU Member States that have fully communicated transposition of the directive.
The directive applies to large companies and listed SMEs, as well as to non-EU companies with significant operations in the EU. It requires them to report on a wide range of sustainability indicators, including environmental impact, social responsibility, governance practices, and alignment with the EU Taxonomy. Companies must follow the European Sustainability Reporting Standards (ESRS), which ensure comparability and reliability across markets.
For businesses, the CSRD is more than a compliance requirement. It sets the stage for increased transparency, improved stakeholder trust and better access to green finance. At the same time, it introduces technical and operational challenges related to data collection, reporting systems and audit readiness.
At Green eDIH, we see the CSRD as an important driver for digital transformation. Accurate, auditable ESG reporting requires robust information systems and new forms of collaboration across departments and supply chains. We support local organisations in aligning with the directive’s requirements by helping them build digital infrastructures for sustainability data and reporting workflows.
