Ropes & Gray Publishes Updated EU-Wide CSRD Transposition Tracker Through July 31 – Additional EU Member States Make Progress

Ropes & Gray – in conjunction with leading law firms across Europe – has once again updated its monthly CSRD Transposition Tracker. The Tracker is available here.

The Tracker describes Corporate Sustainability Reporting Directive transposition activity across the 27 EU member states and three EEA EFTA countries. This update includes information and developments as of July 31, 2024, as well as additional commentary from the participating law firms.

Countries continue to make progress towards implementation. So far, 12 countries adopted legislation implementing the CSRD (at least in part), another ten have proposed legislation and two additional countries have held consultations.

In July, Croatia was the only new country to adopt legislation transposing the CSRD. Two other countries introduced proposed legislation: Cyprus and Germany. The count is now down to six countries that have not launched a consultation or introduced legislation: Austria, Belgium, Greece, Malta, Portugal and Iceland. 

Many of the remaining countries are expected to adopt transposing legislation in the coming months. We, and the firms partnering with us on the Tracker, are advising applicable companies in these countries to continue actively preparing for CSRD reporting.

We will continue to update the Tracker to reflect further developments. 

To receive updates to the Tracker and other ESG publications, sign up for our ESG mailing list, and subscribe to Ropes & Gray Viewpoints here for additional thought leadership on the CSRD and other ESG matters.

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