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2 weeks ago | 
mondaq.com | Susanne McMenamin |Susan Carroll Chrysostomou |Michael Sinnott
There has been a number of significant recent updates related tothe Corporate Sustainability Reporting Directive("CSRD"). The Irish government hasannounced support for the 'omnibus simplification package',which proposes to significantly modify the CSRD and signalled thatseparate changes to the existing Irish CSRD legislation areforthcoming.
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1 month ago | 
mondaq.com | Alan Keating |Susanne McMenamin |Michael Sinnott |John Adams
On 26 February 2025, the European Commission announced its omnibus proposals to simplify certain EU ESGlaws. This announcement included proposals (the CSRDOmnibus Proposals) to amend the EU's Corporate Sustainability ReportingDirective (CSRD). The effect of the CSRDOmnibus Proposals, if adopted as proposed by the EuropeanCommission, would be to significantly scale back CSRD reportingobligations - which is a positive development from the perspectiveof Irish special purpose vehicles (SPVs).
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1 month ago | 
mondaq.com | Susanne McMenamin |Susan Carroll Chrysostomou |Michael Sinnott |David Frank Dempsey
M Matheson More Established in 1825 in Dublin, Ireland and with offices in Cork, London, New York, Palo Alto and San Francisco, more than 700 people work across Matheson’s six offices, including 96 partners and tax principals and over 470 legal and tax professionals. Matheson services the legal needs of internationally focused companies and financial institutions doing business in and from Ireland.
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1 month ago | 
lexology.com | Susanne McMenamin |Susan Carroll Chrysostomou |Michael Sinnott
On 26 February 2025, the European Commission announced proposals for significant deregulation of certain EU ESG laws, including the Corporate Sustainability Reporting Directive (CSRD). These proposals, if they become law, would result in many companies no longer being subject to the CSRD and a two-year delay of CSRD reporting for those companies that would still be in-scope. This article provides an overview of the key proposed changes and outlines the likely implications for companies.
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2 months ago | 
mondaq.com | Susanne McMenamin |Susan Carroll Chrysostomou |Michael Sinnott
Updates regarding the Corporate Sustainability ReportingDirectiveThe Corporate Sustainability Reporting Directive (the"CSRD") created the EU's sustainability reportingregime, which requires in-scope companies to include extensivedisclosures in their annual report. The CSRD applies to many EUcompanies, EU-subsidiaries of businesses headquartered outside ofthe EU and even certain nonEU companies that have a subsidiary orbranch in the EU.
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Aug 9, 2024 | 
mondaq.com | Susanne McMenamin |Susan Carroll Chrysostomou
New regulations have been signed into law that give effect to
the EU's Corporate Sustainability Reporting Directive
("CSRD") in Ireland. The CSRD introduced
a new mandatory sustainability reporting regime that will apply to
many Irish companies. The new rules come into effect on a phased
basis from 1 January 2024, but the significant majority of our
clients will be required to report under the CSRD in respect of
their 2025 financial year.
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Aug 8, 2024 | 
lexology.com | Susanne McMenamin |Susan Carroll Chrysostomou |Michael Sinnott
8 August 2024www.matheson.comAt A GlanceOn 6 July 2024, new Irish regulations came into force to give effect to the EU's Corporate Sustainability Reporting Directive (the "CSRD") for Irish companies, their non-EU incorporated parent companies and branches of non-EU incorporated companies that are established in Ireland.
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Jul 24, 2024 | 
mondaq.com | Michael Sinnott |Susanne McMenamin |Susan Carroll Chrysostomou
The EU's Corporate Sustainability Reporting Directive
("CSRD") introduced a new mandatory
sustainability reporting regime that will apply to many Irish
companies.
EU member states were required to transpose the CSRD into
national law by 6 July 2024. The Irish European Union (Corporate
Sustainability Reporting) Regulations 2024 were published on 9
July, with effect from 6 July.
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Jul 24, 2024 | 
lexology.com | Susan Carroll Chrysostomou |Susanne McMenamin |Michael Sinnott
The EU’s Corporate Sustainability Reporting Directive (“CSRD”) introduced a new mandatory sustainability reporting regime that will apply to many Irish companies. EU member states were required to transpose the CSRD into national law by 6 July 2024. The Irish European Union (Corporate Sustainability Reporting) Regulations 2024 were published on 9 July, with effect from 6 July.
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Jul 3, 2024 | 
mondaq.com | Susanne McMenamin |Ursula McMahon |Michael Sinnott
After a volatile political journey, the Council of the European
Union, on 24 May 2024, finally endorsed the new Corporate
Sustainability Due Diligence Directive
("CS3D"). CS3D will require EU member
states to introduce laws requiring in-scope companies to
significantly enhance environmental and human rights due diligence
in their business conduct.
