Skip to content 
Streamline Your CSRD Compliance with Lythouse
The Ultimate Solution for Comprehensive and Efficient Sustainability Reporting
Understanding CSRD Compliance
Effective from 2024, the Corporate Sustainability Reporting Directive (CSRD) mandates EU companies to disclose detailed environmental, social, and governance (ESG) information with the same scrutiny as financial data.
The CSRD enhances transparency, accountability, and comparability in business practices, fostering sustainable investments. By promoting comprehensive ESG disclosures, it supports corporate sustainability, driving longterm value creation and stakeholder trust.
Check Your CSRD Compliance and Timeline
CSRD compliance mandates nearly 50,000 global companies to report on over 1,100 data points, including Scope 3
emissions, with specific timelines for different entities.
Public-interest enterprises
subject to NFRD
EU and Non-EU Large companies listed on EU markets, subject to NFRD, that meet the criteria:
- More than 500 employees.
- Turnover of €50M+.
- Balance sheet of over €25M.
Report on financial year 2024 data to be published during calendar year 2025.
EU Large companies
Listed and Non-Listed EU Large companies that meet two of the following criteria:
- More than 250 employees.
- Turnover of €50M+.
- Balance sheet of over €25M.
Report on financial year 2025 data to be published during calendar year 2026.
Listed EU SMEs
Listed SMEs (excluding micro companies) that meet two of the following criteria:
- More than 50 employees.
- Turnover of €900K+.
- Balance sheet of over €450K.
Report on financial year 2026 data to be published during calendar year 2027.
Large companies
(Non-EU )
Non-EU companies with securities listed on EU regulated market that meet the criteria:
- EU generated turnover of €150M+.
- A branch in the EU generating more than €40M.
Report on financial year 2028 data to be published during calendar year 2029.
Note: SMEs may opt-out of CSRD application for two years, exempting them from publishing CSRD disclosures until 2029.
ESRS Data Requirements for CSRD Compliance
The European Sustainability Reporting Standards (ESRS) are guidelines under the CSRD for reporting on
environmental, social, and governance (ESG) impacts to ensure transparency and comparability.
ESRS 1
Outlines the general principles for sustainability reporting, ensuring
that reports are comprehensive, reliable, and comparable by covering the foundational concepts such as
Double materiality assessment
Sustainability due diligence
Supply and value chain
Timeline
ESRS 2
Sets the general disclosure requirements for companies across
all sectors and serves as the foundation for sector-specific and
topical standards focusing on
Governance: Governance Disclosure Requirements Governance 1-5
Strategy: SBM 1-3
Impacts, risks and opportunities
– IRO 1-2 (based on Double
Materiality Assessment)
Metrics and targets
ESRS Data Requirements for CSRD Compliance
The European Sustainability Reporting Standards (ESRS) are guidelines under the CSRD for reporting on
environmental, social, and governance (ESG) impacts to ensure transparency and comparability.
ESRS 1
Outlines the general principles for sustainability reporting, ensuring that reports are comprehensive, reliable, and comparable by covering the foundational concepts such as
|
Double materiality assessment |
Sustainability due diligence |
|---|---|
|
Supply and value chain |
Timeline |
ESRS 2
Sets the general disclosure requirements for companies across all sectors and serves as the foundation for sector-specific and topical standards focusing on
|
Governance 1-5 Disclosure |
Strategy: SBM 1-3 |
|---|---|
|
Impacts, risks and opportunities - IRO 1-2 |
Metrics and targets |
To ensure transparency and accountability ESG within ESRS is categorized as follows:
Environmental (E) Standards: Includes stopics such as climate change (ESRS E1), pollution (ESRS E2), water and marine resources (ESRS E3), biodiversity and ecosystems (ESRS E4), and resource use and circular economy (ESRS E5).
Social (S) Standards: Covers areas related to the workforce (ESRS S1), workers in the value chain (ESRS S2), affected communities (ESRS S3), and consumers and end-users (ESRS S4).
Governance (G) Standards: Focuses on governance structures, including governance, risk management, and internal control (ESRS G1).
Effortlessly Navigate CSRD Compliance with Lythouse
Lythouse streamlines your CSRD reporting journey with specialized tools for double materiality, EU taxonomy integration, automated data handling, and detailed audit workflows.
Topics that impact the
business and those that
impact the environment
Double Materiality
EU Taxonomy
Identify environmentally
sustainable activities
Quantitative & Qualitative data present inside product
AI Gap Analysis (identify the gaps in data required)
Double Materiality
Fill CSRD Disclosures (overall 1200+ data points)
AI Assistance to fill responses
Publish CSRD
Report
PDF + Word doc
XBRL - Electronic Submission
Make Informed Decisions with Double Materiality
Double materiality assesses both financial and non-financial impacts of a company’s activities, as required by CSRD.
Lythouse simplifies this by identifying key sustainable topics, auto-selecting relevant issues, and integrating these results into your CSRD report. This approach ensures comprehensive, compliant disclosures, streamlining ESG reporting under CSRD.
Ensure Sustainable Investments with EU Taxonomy
The EU Taxonomy defines sustainable economic activities to support EU climate goals and enhance transparency. Integrated with CSRD, it requires companies to disclose alignment with sustainability criteria.
Lythouse simplifies this by identifying the share of economically sustainable and non sustainable activities in capital expenditure, operational expenditure, and turnover, ensuring precise and comprehensive CSRD reporting.
Intelligent ESG Data Management and Gap Analysis
Seamlessly connect your existing systems (CRM, ERP, HR) to gather data on spending, consumption, travel, and more. Utilize Merlin AI to perform detailed gap analysis on the collected data, scanning for missing information and auto-populating it to ensure precise, comprehensive, and CSRD-compliant reporting.
Advanced Approval Workflows and Audit Trails
Data Validation
Implement configurable approval workflows, with POCs reviewing and approving data before audits.
Audit Trails
Ensure complete traceability by recording every action and modification, supporting all types of audits.
Export Capabilities
Seamlessly export reports to DOC and XBRL formats for easy sharing and regulatory submission.
