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. On 17 October 2024, the Sustainability Information Disclosure Law entered into force.
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 was transposed through a law of 24 October 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?
No.
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 requirements laid down in the Law are intended to be introduced gradually and they will apply to large companies, small and medium-sized listed companies, subsidiaries and branches registered in the Republic of Latvia, the parent companies of which are registered in a third country, subject to certain criteria.
Do any enforcement provisions, such as sanctions or penalties exist under local law for non-compliance with CSRD?
Yes. Enforcement provisions apply under the Sustainability Information Disclosure Law, with sanctions for non-compliance.
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