CSRD
Defines the European sustainability reporting framework for companies within scope.
European regulation and market
CSRD, ESRS and VSME: preparing for the new language of the European market.
In June 2026, the European sustainability framework has entered a phase of simplification, realignment and greater proportion for companies.
Thresholds change and obligations are redesigned, but the market direction remains clear: clients, banks, supply chains and international partners ask for more ordered data, more readable risks, clearer governance and more usable proof.
TALY Advisory helps companies turn this framework into an operating system: essential data, reusable proof, clear responsibilities, updateable tools and a base proportionate to the company's moment.
Assess the starting pointThe framework in one reading
Four elements to understand before building any ESG system.
The European framework combines obligations, technical standards, voluntary tools and simplification measures. For the company, the operational point is to understand which data is needed, who asks for it and how to organize it.
ESRS
Defines the European technical language for environmental, social and governance information.
VSME
Offers a voluntary and proportionate base for micro, small and medium-sized companies organizing sustainability data.
Omnibus
Redesigns thresholds, calendar and value-chain requests with a more targeted and proportionate approach.
Reference texts
The European texts to know.
Each text has a different function. TALY reads the texts, then quickly translates them into the operational question: which data must be organized for clients, banks, supply chains and governance?
Directive (EU) 2022/2464.
Updates the European sustainability reporting framework and strengthens information obligations for companies in scope.
Delegated Regulation (EU) 2023/2772.
Introduces the first set of European Sustainability Reporting Standards.
Directive (EU) 2025/794.
Changes application dates for some CSRD and due diligence provisions, giving more time for adaptation.
Simplification of scope.
The Omnibus framework acts on thresholds, calendar and proportion, limiting cascade effects on smaller companies.
Voluntary standard for SMEs.
Developed by EFRAG and recommended by the Commission, VSME offers a proportionate base for ESG requests.
Requests along the chain.
Companies outside the direct perimeter can still receive requests from clients, banks, groups and international partners.
Operational diagram
Regulation becomes useful when it creates readability.
Company value becomes stronger when translated into data, proof, responsibilities and usable tools.
This base allows better dialogue with clients, banks, supply chains, international partners and governance.
Clients, banks, supply chains and partners ask for more readable information.
Questionnaires, credit files, client audits and governance requests enter the same framework.
Consumption, processes, suppliers, risks, people and decisions are organized.
Value becomes documents, indicators, templates and reusable materials.
June 2026
Who should look at these topics.
In June 2026, the framework distinguishes direct obligation, indirect involvement and market request. For many companies, the practical issue is clients, banks, supply chains and international partners.
Companies in the updated CSRD perimeter.
The updated CSRD rules focus on larger companies, with more than 1,000 employees and more than EUR 450 million in annual net turnover.
Companies in the value chain.
Suppliers, subcontractors and partners can receive ESG requests from larger companies, international clients or financial institutions.
Voluntary and proportionate base.
VSME offers a simpler reference for SMEs and microenterprises that want readable sustainability data.
Banking and commercial requests.
Even outside direct obligation, data, risks, governance and continuity become increasingly important in bank and client dialogue.
Regulatory calendar
The European calendar in June 2026.
Dates evolve with the Omnibus framework. For the company, the calendar must be read together with real market requests.
| Period | Reference | Meaning for the company |
|---|---|---|
| 2022 | Directive (EU) 2022/2464 — CSRD | The reinforced European sustainability reporting framework is created. |
| 2023 | Delegated Regulation (EU) 2023/2772 — ESRS | The first set of European technical sustainability reporting standards is adopted. |
| 2024 | EFRAG VSME | EFRAG publishes VSME as a voluntary standard for SMEs outside CSRD scope. |
| 2025 | Directive (EU) 2025/794 — Stop-the-clock | Some CSRD and CSDDD application dates are changed. |
| 2025 | European Commission VSME recommendation | The Commission recommends VSME as a voluntary base for SME ESG requests. |
| 2026 | Omnibus I — simplification | Thresholds are raised and cascade effects on smaller companies are limited. |
| 2026-2027 | ESRS review and voluntary tools | The technical framework evolves toward less complexity and greater proportion. |
Data to prepare
Four data families make the company more readable.
A proportionate base starts from data the company can already collect, update and use with clients, banks, supply chains and governance.
Energy, consumption, transport, waste.
Safety, training, skills, continuity.
Risks, roles, decisions, controls.
Clients, bank, suppliers, supply chain.
What to do concretely
Preparing means building data, proof and responsibilities.
Verify the perimeter.
Understand whether the company is directly in scope or involved by clients, banks, groups or supply chains.
Map requests.
Collect ESG questionnaires, bank requests, supplier documents, tenders, client audits and supply-chain requests.
Identify available data.
Find consumption, suppliers, transport, safety, training, processes, risks, governance and documents already present.
Build proportionate indicators.
Select a few readable, updateable indicators useful for clients, banks and governance.
Prepare reusable proof.
Create dossiers, templates, dashboards, supplier sheets, client answers and governance materials.
Define a roadmap.
Set priorities, responsibilities, update frequency and improvements for the next 6-12 months.
TALY operating plan
A regulatory and market base in 90 days.
Perimeter and requests.
Reading direct or indirect CSRD perimeter, client, bank, supply-chain, VSME and operational urgencies.
Output:Perimeter map, requests received, initial priorities.
Data and gaps.
Collection and analysis of environmental, social, governance, supplier, process, risk and continuity data.
Output:Gap analysis, available data, missing data, internal responsibilities.
Indicators and VSME base.
Construction of proportionate indicators, dashboard, templates and VSME-oriented base when useful.
Output:Dashboard, scorecard, client templates, ESG data structure.
Market and credit dossier.
Preparation of readable materials for bank, clients, partners, governance and international supply chains.
Output:Value and credit dossier, client package, governance briefing.
Roadmap and responsibilities.
Definition of next priorities, internal responsibilities, update frequency and operating method.
Output:6-12 month roadmap, update plan, internal roles.
Team transfer.
Final review, method transfer and preparation for operational use.
Output:Final tools, transfer session, maintenance plan.
90 days
From European framework to operating tools.
The path translates regulation, client requests, ESG data and banking needs into a system the company can use.
TALY approach
From European text to operational method.
TALY starts from the company's real value: clients, processes, costs, suppliers, skills, reputation, decisions and continuity.
From this base, it builds proportionate tools: essential data, gap analysis, dashboards, bank dossiers, client templates, VSME base when useful, CSRD-readiness when applicable and operational roadmap.
The result is a company more readable for clients, banks, partners and the European and international market.
Company result
A concrete base to answer the market.
Clarity on involvement.
The company understands whether it is directly involved, indirectly solicited or called to respond for market reasons.
More ordered information.
Environmental, social, governance, supplier and process data become more readable and updateable.
Reusable materials.
Questionnaires, bank dossiers, client templates and governance briefings become ready-to-use tools.
Progressive alignment.
The company builds a base coherent with the European and international language of sustainability.
Institutional sources
References used for this page.
Directive (EU) 2022/2464 · Delegated Regulation (EU) 2023/2772 · Directive (EU) 2025/794 · European Commission VSME · EFRAG VSME
Legal note
Orientative information and case-by-case verification.
The information on this page has an orientative and strategic purpose. The scope of CSRD, ESRS, VSME, CSDDD or other European obligations must be verified case by case with legal, tax or accounting professionals when necessary.
TALY Advisory works on organizing value, data, proof and operating tools. When the dossier requires specialist expertise, TALY coordinates qualified interlocutors while maintaining clear strategic direction.
First step
Before building a system, understand what the company can already prove.
The first conversation reads the company moment, requests received, available data and the base to build: VSME, CSRD-readiness, bank dossier, client questionnaires or internal operating system.
Request a first conversation