Podcast: Impact of EU ESG requirements on US companies

Listen now to understand how a US company could be in scope of the Corporate Sustainability Reporting Directive.

Julie Santoro

Julie Santoro

Partner, Dept. of Professional Practice, ESG, KPMG US

+1 212-954-1086

Bryce Ehrhardt

Bryce Ehrhardt

Managing Director, Dept. of Professional Practice, KPMG US

+1 614-241-4658

Jan Alexander Müller

Jan Alexander Müller

Senior Manager, EMA DPP, KPMG Germany


Determining whether and how a multinational organization is in scope of the CSRD can be complex. In this podcast, KPMG professionals from the US and Germany outline the different CSRD scoping requirements and their impact on multinational US companies.


Companies with listed securities in the EU, some non-EU parents (including US companies) of EU subsidiaries, and non-EU subsidiaries of EU parents that meet the scoping requirements

Report contents

  • 00:20 – Introductions
  • 01:05 – Introducing EU developments and the Corporate Sustainability Reporting Directive (CSRD)
  • 02:40 – The CSRD scoping requirements: general and non-EU parent companies
  • 07:00 – The ‘group’ exemption
  • 08:50 – The ‘ultimate non-EU parent’ exemption
  • 09:55 – The ‘equivalency’ exemption
  • 10:50 – Next steps as the European Commission heads toward final legislation
  • 12:30 – Resources available

Additional resources