The deadlines for ESG reporting vary depending on the jurisdiction and the specific regulations and guidelines that apply to a company. However, some general deadlines that companies need to be aware of include:
European Union: The mandatory reporting obligations under the CSRD will be phased in over a number of years, commencing in January 2024 for large public interest entities which are already subject to the EU Non-Financial Reporting Directive (NFRD) (reports due in 2025) and January 2025 for large companies not currently subject to the NFRD (reports due in 2026). Listed EU SMEs (except micro undertakings, small and non-complex credit institutions and captive insurance undertakings) will be subject to the reporting requirements from January 2026 (reports due in 2027 witt possible opt-out until 2018) whilst third-country undertakings will become subject to the requirements from January 2028 (reports due in 2029).
United States: There is no comprehensive federal requirement for ESG reporting in the US, but the US SEC proposed mandatory climate disclosure draft rule is due to be finalised in April 2023. Once finalized, public companies in the US will be required to disclose their climate-related risks that are reasonably likely to have a material impact on their business, results of operations, or financial condition, and certain climate-related financial statement metrics in a note to their audited financial statements.
The proposed rules, if enacted, would also require disclosure of information on Scope 1 and 2 greenhouse gas (GHG) emissions. Scope 3  would also be required if the registrant has set a GHG emissions target or goal that includes Scope 3 emissions.
Global: The Task Force on Climate-related Financial Disclosures (TCFD) has developed recommendations for the disclosure of climate-related financial information. Many companies around the world are following these recommendations, but there is no formal deadline for reporting. In addition, certain countries (e.g., the UK, and Switzerland) have made sustainability reporting in accordance with the TCFD compulsory for companies in scope
It is important to note that the deadlines for ESG reporting are constantly evolving, so companies need to stay informed about the latest developments in their jurisdiction.
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