First 100 CSRD reports:

Key insights for your reporting journey

Our progress and challenges on the journey
  • May 05, 2025

The long-awaited change in corporate reporting has started. Since the beginning of the year, more than 250 companies have published sustainability reports under the EU’s Corporate Sustainability Reporting Directive (CSRD). Many more will follow, as companies in the EU disclose information about their greenhouse gas emissions, climate actions, employee working conditions, corporate governance, and more.

PwC reviewed the first 100 reports and found that many companies are still adapting to the new requirements. Report lengths varied from 30 to over 300 pages, and while some companies reported fewer than 15 sustainability impacts, risks and opportunities (IROs), others disclosed more than 80. Although some variation is normal depending on business complexity, these differences show that common reporting practices are still emerging. For now, comparing reports remains difficult for investors and stakeholders, but this is expected change as reporting maturity continues to grow.

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At the same time, the rules are changing. In February, the European Commission proposed significant adjustments to the CSRD, aiming to simplify sustainability regulation and improve the competitiveness of EU companies. While timelines for reporting may change, the importance of sustainability reporting is here to stay. Here are some key takeaways:

Adoption and scope of reporting

Almost 90% of the reviewed reports came from companies in five European countries, many of which reported voluntarily before CSRD was fully implemented.

  • Practical insight: Begin aligning reporting practices to CSRD requirements, even if not yet legally obliged, to anticipate future expectations and align to best practice.

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How can we help?

Beyond supporting your existing or planned sustainability initiatives, our teams can assist your organisation in meeting reporting and strategic requirements. This could include support with identifying material sustainability issues, conducting carbon footprint assessments, reviewing ESG data and systems, obtaining ESG certification, delivering targeted ESG training and the assurance of such information. 

In addition, we can help organisations align sustainability goals with business strategy, leverage data analytics to monitor progress, and develop effective ESG approaches. If you are interested in exploring these opportunities, please reach out to our dedicated teams.

Contact us

Norbert Paul Vella

Norbert Paul Vella

Assurance Partner, PwC Malta

Tel: +356 9945 3843

Claudine Attard

Claudine Attard

Director, Advisory, PwC Malta

Tel: +356 9947 6321

Carl  Zammit la Rosa

Carl Zammit la Rosa

Manager, Advisory, PwC Malta

Tel: +356 7973 8459

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