Are the requirements of CSRD transposed? If yes, what was the implementation date and what is the name of the legislation?
Yes, in principle. The transposing legislation implements the core CSRD obligations, including reporting on environmental, social and governance factors, subject to the scope, assurance and enforcement provisions described below. CSRD was transposed through Law No. 5164/2024, which was published in the Government’s Gazette on December 12, 2024. The Stop-the-Clock Directive was transposed through Law No. 5255/2025 on November 28, 2025.
Has the local legislation extended the scope of the CSRD, by adding any additional requirements or going beyond the Directive in any way?
Yes The scope is extended to include Greek Alternative Investment Funds, Undertakings for Collective Investment in Transferable Securities and all SMEs that are public-interest entities (and not only the listed ones).
How does the transposition affect different types of companies? Are there specific provisions for different sizes or types of companies, such as SMEs versus large enterprises?
The sustainability reporting obligation is phased in as follows:
- 2025: for large public-interest companies (with over 500 employees and already subject to the NFRD) for 2024 financial year
- 2028 – all other large enterprises - for 2027 financial year
- 2029 - for small and medium-sized enterprises of public interest - for 2028 financial year
- 2029 – for third‑country companies with large EU turnover, whose reporting obligation remains for financial years starting January 1, 2028 or later
Do any enforcement provisions, such as sanctions or penalties exist under local law for non-compliance with CSRD?
Yes.
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