Corporate Sustainability Reporting Directive (CSRD)

The Corporate Sustainability Reporting Directive (CSRD) is a European Union law that requires large and listed companies to disclose detailed, standardized information about their environmental and social impacts. It significantly expands the earlier Non-Financial Reporting Directive (NFRD), applies to far more companies, and mandates reporting under the European Sustainability Reporting Standards (ESRS) with third-party assurance.

Because CSRD reporting covers value-chain impacts, including Scope 3 emissions and supplier-level ESG data, procurement teams are increasingly responsible for gathering compliance and sustainability information from their suppliers. Speya helps by screening suppliers for ESG signals and certifications at the point of discovery, so the supplier data needed for CSRD reporting is captured up front rather than chased after the fact.