After Omnibus I, the CSRD covers companies with more than 1,000 employees and over €450 million in turnover. Take the quick test.
The CSRD is phased in by company size. After the Omnibus I amending directive, in force since March 2026, the thresholds have been raised considerably. For the companies in scope, the question is no longer if but when the reporting obligation applies — and for everyone else, demands from customers and investors are growing instead.
Read more about what the directive means in our guide: What is the CSRD?
| Company category | Thresholds | First reporting year |
|---|---|---|
| Large listed companies (wave 1) | >1,000 employees and >€450M net turnover | Financial year 2024 (report 2025) |
| Other large companies (wave 2) | >1,000 employees and >€450M net turnover | Financial year 2027 (report 2028) |
| Listed SMEs | Outside the CSRD after Omnibus — VSME is the voluntary standard | — |
| Non-EU groups | >€450M EU turnover plus a branch or subsidiary with >€200M | Financial year 2028 (report 2029) |
Thresholds after Omnibus I: both criteria must be met
Answer two questions:
Yes to both? Then the CSRD applies to you — at the latest from financial year 2027. No to either? Then you have no direct reporting obligation. But read on: the requirements often reach you anyway through customers and investors, and the voluntary VSME standard is the right level to start at.
Even if your company does not reach the thresholds, chances are you are already affected indirectly. Customers and investors covered by the CSRD increasingly request sustainability data from their suppliers — as part of their own ESRS reporting.
This means that smaller companies outside the directive still need control of their climate and sustainability data, to meet requirements from business partners and the capital markets.
Many smaller companies start measuring their climate impact now, ahead of demands from customers and investors. Try Wellfish for free →
Failing to meet the CSRD requirements in time carries concrete risks. Legally, non-compliance can lead to sanctions from national supervisory authorities. Commercially, you risk losing business with customers and partners that require verified sustainability data in their supply chain.
Beyond the formal rules there is a clear market risk: companies that cannot show credible sustainability data risk losing trust among investors, customers and prospective employees. Starting early gives you the margin to build data quality and processes without stress.
Read how to structure the work in our guide: What is the CSRD? → or go deeper into double materiality and sustainability reporting.