Are the requirements of CSRD transposed? If yes, what was the implementation date and what is the name of the legislation?
Yes. The CSRD has been transposed into national law. The CSRD Regulations 2024 transpose into Irish law the Corporate Sustainability Reporting Directive (CSRD). The Regulations came into force on 6 July 2024.
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 in the adjacent columns.
The Stop-the-Clock Directive has been transposed through the European Union (Corporate Sustainability Reporting) Regulations 2025, published on 11 July 2025.
The Omnibus I Directive has not been transposed yet, as the transposition deadline is 19 March 2027.
Has the local legislation extended the scope of the CSRD, by adding any additional requirements or going beyond the Directive in any way?
Yes.
Ireland diverges from the EU text slightly by allowing certain commercially sensitive information to be excluded from reports.
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 CSRD requirements as set out in the CSR Regulations apply to the following companies first:
- From 1 January 2024 to large companies listed on an EU regulated market and banks and insurance companies (referred to as “public-interest entities”) with over 500 employees already subject to the Non-Financial Reporting Directive (NFRD). These companies reported on their 2024 results and sustainability and ESG related information in 2025;
- From 1 January 2027 to “large” companies (whether or not they are listed) as defined by the Companies Act 2014 ie companies that satisfy any two of the following three criteria: (ie over 250 employees; balance sheet total of over €25m; and net turnover of over €50m). These companies will report on their 2027 financial year in 2028;
- From 1 January 2028 to small and medium-sized enterprises (SMEs) that are listed on EU regulated markets. They will report in 2029.
- From 1 January 2028 to third-country companies with net turnover exceeding EUR 450 million in the EU and having an Irish subsidiary or branch generating EUR 200 million+ turnover. They will report in 2029.
Do any enforcement provisions, such as sanctions or penalties exist under local law for non-compliance with CSRD?
Yes. The CSR Regulations 2024 provide for enforcement by designated competent authorities. Penalties include fines and potential criminal liability.
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