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FAQs: Preparing for the EU CSRD Directive and ESRS Standards

Insight Software

The Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS) are part of the EU’s sustainable finance agenda and aim to support the transition to a green and inclusive economy. Companies will have to publish their first sustainability reports under the new standards by as soon as 2025 1.

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Generate More Value From SAP Data With a Real-Time Close

Insight Software

In fact, a recent survey of 155 finance executives revealed that 55% of respondents want an automated financial close by 2025. With readily available data, finance teams can make informed decisions faster and support strategic planning for the future. Enterprise-wide impact — Reduce support and ongoing development costs.

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The New Era of Transparency: Navigating CSRD with insightsoftware

Insight Software

The first wave of companies currently falls under the microscope in 2025. While there is talk of the first filing being delayed until 2026, this still only leaves limited time to build robust systems and processes for gathering, verifying, and reporting comprehensive ESG data.