CSRD: Fewer large companies required to report – what does it mean for SMEs?
ESG & SustainabilityCSRD is postponed for large companies after Omnibus I. Get an overview of what the new rules mean for SMEs and class C.
We offer advisory services within ESG reporting, CSRD compliance, double materiality assessments, and sustainable business transformation.
Grant Thornton’s specialised team of ESG consultants is ready to help you make complex sustainability requirements clear and manageable.
We understand the importance of integrating sustainability principles into small, medium and large companies’ strategies, business models, and daily operations.
We do this through a practical, solution-oriented approach to ESG — always tailored to your business.
Whom do we help?
Large companies
This applies to compabies that, for example, face stricter reporting requirements under the CSRD and increasing expectations for green transition, social responsibility, and governance.
Small and medium-sized enterprises (SMEs)
These may be companies that voluntarily wish to work with sustainability, for example through the EU’s VSME standard..
FAQ
ESG stands for Environment, Social & Governance and covers environmental and climate-related aspects, social conditions, and governance practices.
ESG is a framework for structuring and documenting a company’s sustainability efforts.
Listed companies with more than 500 employees, and companies that meet two of the following three criteria for two consecutive years, are subject to CSRD reporting:
- At least 250 employees
- Turnover of DKK 391 million
- Balance sheet total of DKK 195 million
From 2026, listed SMEs will also be covered by the CSRD.
An ESG report documents a company’s performance in environmental impact, social responsibility, and good governance. It provides insights into sustainability strategies, risk management, and corporate accountability — and is used to assess the company’s long-term value and impact on society and the environment.
Small and medium-sized enterprises are not legally required to prepare a sustainability report. Larger companies, however, are subject to the EU’s CSRD directive, which mandates ESG reporting.
Still, voluntary ESG reporting can be beneficial — when used strategically, it can strengthen your brand, stakeholder trust, and business performance.
VSME is the EU’s Voluntary Sustainability Reporting Standard for small and medium-sized enterprises.
The VSME standard consists of two modules: a basic module and an extended module. Companies must first comply with the basic module and can then choose to complete selected parts — or all — of the extended module.
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