Legislative Decree 125/2024 (CSRD transposition)

In plain language

What this law does

Italy's CSRD transposition: ESRS reporting in the management report (relazione sulla gestione), sustainability assuranceCloseDictionary termSustainability AssuranceIndependent verification of sustainability information — moving from limited to reasonable assurance as reporting becomes regulated.Read the full definition → by the statutory auditor or accredited third party, CONSOB supervision.

Core obligations

ESRS sustainability statementCloseDictionary termSustainability statementA sustainability statement is a structured part of corporate reporting that presents material sustainability information, often within or alongside annual management reporting.Read the full definition →; double materialityCloseDictionary termDouble materialityThe principle that a sustainability matter may be material because of an organisation's impacts on people or the environment, because it creates financial risks or opportunities for the organisation, or...Read the full definition →; limited assuranceCloseDictionary termLimited assuranceLimited assurance is an assurance engagement that provides a lower level of confidence than reasonable assurance, usually expressed in a negative form of conclusion.Read the full definition →; digital tagging per national adoption