The data collection period for CSRD reporting should align with the company's full financial year.
Typically, this means:
For most companies, the reporting period would be from January 1st to December 31st
However, the exact period can vary depending on the company's fiscal calendar
It's important to note that:
The first companies will have to apply the new CSRD rules for the 2024 financial year, with reports to be published in 2025.
Companies need to be prepared to collect data throughout their entire fiscal year to ensure comprehensive reporting
In France, as disclosed in this article of the Autorités des Marchés Financiers, the CSRD directive specifies that this information must be published in the Sustainability Report no later than four months after the end of each financial year.
To prepare for this, companies should start setting up their data collection processes well in advance of the reporting year to ensure they can capture all necessary information throughout the entire fiscal period.