The Corporate Sustainability Reporting Directive (CSRD) is a regulation introduced by the European Union to enhance and standardize sustainability reporting by large companies. Effective from 2024, CSRD requires qualifying organizations to disclose detailed information about their environmental, social, and governance (ESG) impacts, risks, and opportunities. The directive aims to increase transparency, comparability, and accountability, helping investors, customers, and other stakeholders make informed decisions. CSRD expands the scope of reporting beyond the previous Non-Financial Reporting Directive (NFRD), covering more companies and introducing stricter reporting standards. Compliance with CSRD is mandatory for large EU companies and certain non-EU companies with significant EU operations.