{"id":21593,"date":"2024-10-15T14:47:12","date_gmt":"2024-10-15T12:47:12","guid":{"rendered":"https:\/\/wiersholm.no\/?post_type=newsletter&#038;p=21593"},"modified":"2025-03-12T15:19:57","modified_gmt":"2025-03-12T14:19:57","slug":"csrd-entry-into-force","status":"publish","type":"newsletter","link":"https:\/\/wiersholm.no\/en\/newsletters\/csrd-entry-into-force\/","title":{"rendered":"CSRD enters into force in Norway"},"content":{"rendered":"<h1 class=\"wp-block-post-title\">CSRD enters into force in Norway<\/h1>\n\n\n<figure class=\"wp-block-image alignwide size-full\"><img decoding=\"async\" src=\"https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2020\/10\/Stortinget-02-16-9-scaled-1.jpg\" alt=\"\" class=\"wp-image-21115\"\/><\/figure>\n\n\n<p class=\"t2-ingress t2-ingress wp-block-t2-ingress wp-block-t2-ingress\">On Friday, October 11, the King in Council decided that the Norwegian legislation implementing the Corporate Sustainability Reporting Directive (CSRD) will come into effect on November 1st. On the same day, the Ministry of Finance also decided transitional rules that provide a gradual introduction of the new requirements on sustainability reporting the next years, in alignment with the approach of the EU. In this newsletter, we provide a brief update on the new sustainability reporting requirements and their implications for Norwegian companies. <\/p>\n\n<div class=\"t2-post-dynamic-part is-source-filter filter-competence_tags competence-tags wp-block-t2-post-dynamic-part\"><div class=\"wp-block-post-terms\"><a href=\"https:\/\/wiersholm.no\/en\/expertise\/climate-environment-and-sustainability\/\" rel=\"tag\">Climate, Environment and Sustainability<\/a><a href=\"https:\/\/wiersholm.no\/en\/expertise\/investigations-and-compliance\/\" rel=\"tag\">Investigation and Compliance<\/a><\/div><\/div>\n\n\n<p><strong>Background<\/strong><\/p>\n\n\n\n<p>On June 21, 2024, the Norwegian Parliament <a href=\"https:\/\/www.stortinget.no\/no\/Saker-og-publikasjoner\/Vedtak\/Beslutninger\/Lovvedtak\/2023-2024\/vedtak-202324-080\/\">adopted<\/a> new legislation on sustainability reporting through amendments to the Accounting Act, the Auditor Act and the Securities Trading Act. The legislative amendments were in line with the<a href=\"https:\/\/eur05.safelinks.protection.outlook.com\/?url=https%3A%2F%2Furldefense.com%2Fv3%2F__https%3A%2Fwww.regjeringen.no%2Fcontentassets%2Fb4d83569a17548468f5b222deaf994e2%2Fno%2Fpdfs%2Fprp202320240057000dddpdfs.pdf__%3B!!AcBi8707M5M!p3_o7Pi_yd1LYNmTJJ98XI7YURWkw779dACa_J5eiTgqWB5lCyM3HXeE_7q1q-MA5CGX9Xn9CVA_-5YBoF-VOKk%24&amp;data=05%7C02%7Canra%40wiersholm.no%7C2a13beec6d5144926a0b08dcd31c5183%7C47fc1ce8c3a940faa0acaa6c8e81212a%7C0%7C0%7C638617366387174520%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=I7oAs9Enq2GrDuhavxF7DJ2rAwppQrwNITK6a5kZe1Q%3D&amp;reserved=0\"> proposal<\/a> from the Ministry of Finance from March 2024.<\/p>\n\n\n\n<p>The aim of the new sustainability reporting legislation is to provide relevant, comparable and reliable information about (i) the sustainability risks that companies are <em>exposed to<\/em>, and (ii) how the companies <em>affect <\/em>people, climate and the environment. The legislation also seeks to ensure that the sustainability information is readily accessible across the different EU and EEA member states.<\/p>\n\n\n\n<p><strong>Key takeaways from the Norwegian implementation of the CSRD <\/strong><\/p>\n\n\n\n<p>The CSRD is not a maximum harmonization directive. This means that EU member states can extend it when they transpose it into national law. The Norwegian transposition is however closely aligned with the CSRD. The only material expansion is the inclusion of the entity form \u201cstate-owned enterprises\u201d (<em>Nw<\/em>: statsforetak) within the scope of application. Furthermore, the Ministry of Finance is given a right to broaden the scope to include other entity forms which are obligated to maintain accounting records.<\/p>\n\n\n\n<p>Other than the above, the Norwegian legislation establishes the same content and scope of reporting, as well as assurance requirements and transitional rules, as under the CSRD.<\/p>\n\n\n\n<p><strong>Which companies are subject to the new reporting requirements? <\/strong><\/p>\n\n\n\n<p>The new rules on sustainability reporting in the Accounting Act apply to large enterprises\/groups and small and medium-sized listed enterprises, excluding micro-enterprises. The reporting obligation will be gradually introduced in Norway, following the same model as in the CSRD:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>From the fiscal year 2024 with reporting in 2025: Large enterprises of public interest with more than 500 employees, and which meet one of the following two criteria: (i) balance sheet: MNOK 290, (ii) sales revenue: MNOK 580. Examples of large enterprises of public interest are banks, credit institutions, insurance companies, and listed companies.<\/li>\n\n\n\n<li>From the fiscal year 2025 with reporting in 2026: Other large enterprises that meet two of the following three criteria: (i) balance sheet: MNOK 290, (ii) sales revenue: MNOK 580, and (iii) \u2265 250 employees.<\/li>\n\n\n\n<li>From the fiscal year 2026 with reporting in 2027: Listed small and medium-sized enterprises* (SMEs), and large entities that are \u201csmall and non-complex credit institutions\u201d or captive insurance companies.<\/li>\n<\/ul>\n\n\n\n<p>* Listed SMEs are enterprises that meet at least two of the following three criteria: (i) balance sheet: MNOK 5 \u2013 290, (ii) sales revenue: MNOK 10-580 and (iii) 10 \u2013 250 employees. The SMEs must have securities listed on a regulated market in the EEA. In Norway, Oslo B\u00f8rs and Euronext Expand are regulated markets.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>From the fiscal year 2028 with reporting in 2029: Certain third-country enterprises<\/li>\n<\/ul>\n\n\n\n<p>The Ministry of Finance has established transitional rules in line with the CSRD that allow listed SMEs to choose not to include sustainability reporting in their annual reports for fiscal years beginning before January 1, 2028. In such cases, the enterprise must provide a brief statement in the annual report detailing the reasons for not providing the sustainability reporting.<\/p>\n\n\n\n<p><strong>Mandatory reporting standards \u2013 ESRS <\/strong><\/p>\n\n\n\n<p>To enhance comparability in reporting across companies, sectors, and countries, enterprises subject to the CSRD are required to use the European Sustainability Reporting Standards (ESRS). The standards are established by the EU Commission with guidance from the European Financial Reporting Advisory Group (EFRAG). They establish specific content requirements for the sustainability reporting, including the goals and indicators companies must use.<\/p>\n\n\n\n<p>The initial set of general (sector agnostic) reporting standards for large enterprises was adopted in July 2023. Additionally, sector-specific standards as well as sector-agnostic standards for SMEs are being developed. These standards will be translated into Norwegian for implementation in national regulations. There is currently no official timeline for when the standards will be translated and implemented into Norwegian law. The preparatory works note however that this should happen as soon as possible after they are adopted in the EU. In the meantime, companies required to report in Norwegian must obtain their own translations. This could have negative effects for the comparability of sustainability reporting. For this reason, companies permitted to report in English frequently opt for this to ensure comparability and streamline the reporting process.<\/p>\n\n\n\n<p><strong>Does the CSRD affect the reporting obligations under the Transparency Act? <\/strong><\/p>\n\n\n\n<p>Some of the reporting points in the ESRS partially overlap with national reporting requirements in the Transparency Act. The Norwegian Ministry of Finance has <a href=\"https:\/\/www.regjeringen.no\/no\/tema\/okonomi-og-budsjett\/finansmarkedene\/barekraftsrapportering\/id3059140\/\">noted<\/a>, however, that the implementation of the CSRD reporting requirements into Norwegian law does not affect the obligations of Norwegian enterprises to conduct due diligence assessments under the Transparency Act. With regards to publication, the Transparency Act has been amended to specify that the statement can be included in the annual report, similarly to sustainability reporting (see \u00a7 5 para 3 of the Transparency Act).<\/p>\n\n\n\n<p>It should be noted however that the Ministry of Children and Families has commenced an evaluation of the Transparency Act. This review will specifically assess the relationship between the new provisions on sustainability reporting in the Accounting Act and the reporting obligations under the Transparency Act. It will also assess the relationship between the CSDDD and the Transparency Act.<\/p>\n\n\n\n<p><strong>Implications for Norwegian companies <\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The implementation of the CSRD into Norwegian law has significantly expanded the scope of sustainability reporting, as well as the number of companies subject to reporting requirements. The sustainability reporting process now requires the use of standardized templates and involves detailed calculations across numerous data points. As a result, the reporting process will demand considerable resources, particularly during the initial implementation phase.<\/li>\n\n\n\n<li>A key effect of the CSRD is that it expands the scope of the EU Taxonomy. This means that companies subject to the CSRD are required to also meet the Taxonomy\u2019s reporting requirements. Therefore, companies subject to the CSRD from fiscal year 2025 should start preparing for both sustainability and Taxonomy reporting.<\/li>\n\n\n\n<li>Companies falling outside the scope of the CSRD will likely become <em>indirectly affected<\/em> by the new sustainability reporting requirements. The reason is that companies subject to the CSRD are required to obtain sustainability information from their contractual partners to fulfill their obligations.<\/li>\n<\/ul>\n\n\n\n<p>In light of these developments, companies within the scope of the CSRD should urgently initiate the sustainability reporting process. This should include performing a gap analysis against the CSRD requirements and conducting a double materiality analysis. Furthermore, it is also crucial to integrate the new requirements in governance and internal control systems. Any findings from the process should be addressed at a strategic level by the board of directors as well as the management.<\/p>\n\n\n\n<p>Wiersholm offers legal support to companies in connection with the implementation of the sustainability reporting requirements. Our support includes conducting gap assessments against the CSRD and performing and\/or ensuring the quality of double materiality assessments and sustainability reporting. We also provide strategic advice on the implementation of the new requirements in internal control systems and within the broader organisation.<\/p>\n\n\n\n<div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\">\n<h2 class=\"wp-block-heading\" id=\"h-key-contacts\">Key Contacts<\/h2>\n\n\n<div class=\"t2-featured-content-layout alignwide alignwide wp-block-t2-featured-content-layout\" role=\"list\">\n<div class=\"t2-featured-single-post t2-featured-content is-post-type-employee authorisation_tax-advokat competence_area_tax-anti-money-laundering competence_area_tax-antitrust-and-competition competence_area_tax-corporate-criminal-liability competence_area_tax-defence-and-security competence_area_tax-dispute-resolution competence_area_tax-employment-law competence_area_tax-eu-and-eea-law competence_area_tax-investigation-and-compliance competence_area_tax-public-sector competence_area_tax-restructuring-bankruptcy-and-insolvency role_tax-partner wp-block-t2-featured-single-post t2-featured-content-layout-col-3\" role=\"listitem\"><a class=\"t2-post-link wp-block-t2-post-link\" href=\"https:\/\/wiersholm.no\/en\/people\/gae\/\">\n<figure class=\"t2-post-featured-image has-image-ratio-4-3 wp-block-t2-post-featured-image\"><img decoding=\"async\" src=\"https:\/\/personapi.wiersholm.no\/ProfilbilderCV\/gae_cv.jpg\" alt=\"\" \/><\/figure>\n\n<div class=\"wp-block-group t2-post-inner-content is-layout-flow wp-block-group-is-layout-flow\">\n\t<h3 class=\"t2-post-title wp-block-t2-post-title\"> Georg Abusdal Engebretsen<\/h3>\n\t<p class=\"has-x-small-font-size\">Partner<\/p>\n<\/div>\n\n<\/a>\n<\/div>\n\n\n\n<div class=\"t2-featured-single-post t2-featured-content is-post-type-employee authorisation_tax-advokat competence_area_tax-climate-environment-and-sustainability competence_area_tax-corporate-criminal-liability competence_area_tax-date-center competence_area_tax-defence-and-security competence_area_tax-dispute-resolution competence_area_tax-eu-and-eea-law competence_area_tax-health-and-welfare competence_area_tax-human-rights-law competence_area_tax-industry competence_area_tax-investigation-and-compliance competence_area_tax-life-sciences competence_area_tax-public-sector role_tax-managing-associate wp-block-t2-featured-single-post t2-featured-content-layout-col-3\" role=\"listitem\"><a class=\"t2-post-link wp-block-t2-post-link\" href=\"https:\/\/wiersholm.no\/en\/people\/hebo\/\">\n<figure class=\"t2-post-featured-image has-image-ratio-4-3 wp-block-t2-post-featured-image\"><img decoding=\"async\" src=\"https:\/\/personapi.wiersholm.no\/ProfilbilderCV\/hebo_cv.jpg\" alt=\"\" \/><\/figure>\n\n<div class=\"wp-block-group t2-post-inner-content is-layout-flow wp-block-group-is-layout-flow\">\n\t<h3 class=\"t2-post-title wp-block-t2-post-title\"> Helene Bogen<\/h3>\n\t<p class=\"has-x-small-font-size\">Managing Associate<\/p>\n<\/div>\n\n<\/a>\n<\/div>\n\n<div class=\"t2-featured-single-post t2-featured-content is-post-type-employee authorisation_tax-advokat competence_area_tax-climate-environment-and-sustainability competence_area_tax-defence-and-security competence_area_tax-dispute-resolution competence_area_tax-eu-and-eea-law competence_area_tax-investigation-and-compliance competence_area_tax-public-sector competence_area_tax-renewable-energy-and-infrastructure role_tax-managing-associate wp-block-t2-featured-single-post t2-featured-content-layout-col-3\" role=\"listitem\"><a class=\"t2-post-link wp-block-t2-post-link\" href=\"https:\/\/wiersholm.no\/en\/people\/anra\/\">\n<figure class=\"t2-post-featured-image has-image-ratio-4-3 wp-block-t2-post-featured-image\"><img decoding=\"async\" src=\"https:\/\/personapi.wiersholm.no\/ProfilbilderCV\/anra_cv.jpg\" alt=\"\" \/><\/figure>\n\n<div class=\"wp-block-group t2-post-inner-content is-layout-flow wp-block-group-is-layout-flow\">\n\t<h3 class=\"t2-post-title wp-block-t2-post-title\"> Anne Katrine Sletbakk Ramstad<\/h3>\n\t<p class=\"has-x-small-font-size\">Managing Associate<\/p>\n<\/div>\n\n<\/a>\n<\/div>\n<\/div><\/div>\n\n\n<div class=\"t2-post-dynamic-part is-source-filter filter-published_date_group wp-block-group published-date wp-block-t2-post-dynamic-part\"><div class=\"wp-block-group published-date has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\"><div class=\"wp-block-group less-gap is-content-justification-left is-nowrap is-layout-flex wp-container-core-group-is-layout-2 wp-block-group-is-layout-flex\"><p>Published:&nbsp;<\/p><div class=\"wp-block-post-date\">15.10.2024<\/div><\/div><div class=\"wp-block-group less-gap is-content-justification-left is-nowrap is-layout-flex wp-container-core-group-is-layout-3 wp-block-group-is-layout-flex\"><p>Last modified:&nbsp;<\/p><div class=\"wp-block-post-date__modified-date wp-block-post-date\">12.03.2025<\/div><\/div><\/div><\/div>\n\n\n<div class=\"wp-block-group alignwide has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<hr class=\"wp-block-separator alignwide has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading alignwide has-small-font-size\">Related Articles<\/h2>\n\n\n\n<div data-wp-router-region=\"query-filter\" class=\"wp-block-query alignwide is-layout-flow wp-block-query-is-layout-flow\"><ul class=\"columns-3 wiersholm-related-post-query wp-block-post-template is-layout-grid wp-container-core-post-template-is-layout-6d3fbd8f wp-block-post-template-is-layout-grid\"><li class=\"wp-block-post post-23749 newsletter type-newsletter status-publish has-post-thumbnail hentry competence_area_tax-financial-regulatory competence_area_tax-intellectual-property-rights competence_area_tax-investigation-and-compliance competence_area_tax-ma competence_area_tax-renewable-energy-and-infrastructure competence_area_tax-restructuring-bankruptcy-and-insolvency\">\n<div class=\"t2-featured-template-post t2-featured-content is-post-type-newsletter competence_area_tax-financial-regulatory competence_area_tax-intellectual-property-rights competence_area_tax-investigation-and-compliance competence_area_tax-ma competence_area_tax-renewable-energy-and-infrastructure competence_area_tax-restructuring-bankruptcy-and-insolvency wp-block-t2-featured-template-post\"><a class=\"t2-post-link wp-block-t2-post-link\" href=\"https:\/\/wiersholm.no\/en\/newsletters\/norway-international-update-q1-2026\/\">\n<figure style=\"--t2-focal-point: 50% 50%;\" class=\"t2-post-featured-image has-image-ratio-4-3 wp-block-t2-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"1707\" src=\"https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2026\/04\/AdobeStock_130842483-fjord-2-scaled.jpeg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" srcset=\"https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2026\/04\/AdobeStock_130842483-fjord-2-scaled.jpeg 2560w, 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has-post-thumbnail hentry competence_area_tax-bank-and-financing competence_area_tax-capital-markets competence_area_tax-climate-environment-and-sustainability competence_area_tax-financial-regulatory competence_area_tax-investigation-and-compliance competence_area_tax-restructuring-bankruptcy-and-insolvency competence_area_tax-tax-and-duties competence_area_tax-venture-capital-and-growth-financing\">\n<div class=\"t2-featured-template-post t2-featured-content is-post-type-newsletter competence_area_tax-bank-and-financing competence_area_tax-capital-markets competence_area_tax-climate-environment-and-sustainability competence_area_tax-financial-regulatory competence_area_tax-investigation-and-compliance competence_area_tax-restructuring-bankruptcy-and-insolvency competence_area_tax-tax-and-duties competence_area_tax-venture-capital-and-growth-financing wp-block-t2-featured-template-post\"><a class=\"t2-post-link wp-block-t2-post-link\" 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competence_area_tax-climate-environment-and-sustainability competence_area_tax-employment-law competence_area_tax-financial-regulatory competence_area_tax-real-estate competence_area_tax-technology-communication-and-digitalisation wp-block-t2-featured-template-post\"><a class=\"t2-post-link wp-block-t2-post-link\" href=\"https:\/\/wiersholm.no\/en\/newsletters\/norway-international-update-q4-2024\/\">\n<figure style=\"--t2-focal-point: 50% 50%;\" class=\"t2-post-featured-image has-image-ratio-4-3 wp-block-t2-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"1703\" src=\"https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2025\/02\/AdobeStock_585049800-scaled.jpeg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" srcset=\"https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2025\/02\/AdobeStock_585049800-scaled.jpeg 2560w, https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2025\/02\/AdobeStock_585049800-300x200.jpeg 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class=\"has-x-small-font-size\">Newsletters<\/p>\n<\/div>\n\n<\/a>\n<\/div>\n<\/li><\/ul><\/div>\n<\/div>\n","protected":false},"featured_media":21115,"template":"","meta":{"editor_notices":[]},"tags":[],"competence_area_tax":[31,22],"class_list":["post-21593","newsletter","type-newsletter","status-publish","has-post-thumbnail","hentry","competence_area_tax-climate-environment-and-sustainability","competence_area_tax-investigation-and-compliance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CSRD enters into force in Norway - Law firm Wiersholm<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wiersholm.no\/en\/newsletters\/csrd-entry-into-force\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CSRD enters into force in Norway\" \/>\n<meta property=\"og:description\" content=\"Background On June 21, 2024, the Norwegian Parliament adopted new legislation on sustainability reporting through amendments to the Accounting Act, the Auditor Act and the Securities Trading Act. The legislative amendments were in line with the proposal from the Ministry of Finance from March 2024. The aim of the new sustainability reporting legislation is to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wiersholm.no\/en\/newsletters\/csrd-entry-into-force\/\" \/>\n<meta property=\"og:site_name\" content=\"Law firm Wiersholm\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-12T14:19:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2020\/10\/Stortinget-02-16-9-scaled-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wiersholm.no\/en\/newsletters\/csrd-entry-into-force\/\",\"url\":\"https:\/\/wiersholm.no\/en\/newsletters\/csrd-entry-into-force\/\",\"name\":\"CSRD enters into force in Norway - Law firm Wiersholm\",\"isPartOf\":{\"@id\":\"https:\/\/wiersholm.no\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wiersholm.no\/en\/newsletters\/csrd-entry-into-force\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wiersholm.no\/en\/newsletters\/csrd-entry-into-force\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2020\/10\/Stortinget-02-16-9-scaled-1.jpg\",\"datePublished\":\"2024-10-15T12:47:12+00:00\",\"dateModified\":\"2025-03-12T14:19:57+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/wiersholm.no\/en\/newsletters\/csrd-entry-into-force\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wiersholm.no\/en\/newsletters\/csrd-entry-into-force\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wiersholm.no\/en\/newsletters\/csrd-entry-into-force\/#primaryimage\",\"url\":\"https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2020\/10\/Stortinget-02-16-9-scaled-1.jpg\",\"contentUrl\":\"https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2020\/10\/Stortinget-02-16-9-scaled-1.jpg\",\"width\":2560,\"height\":1440,\"caption\":\"regulatory, proposition, legal, law, government\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wiersholm.no\/en\/newsletters\/csrd-entry-into-force\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wiersholm.no\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Newsletters\",\"item\":\"https:\/\/wiersholm.no\/en\/newsletters\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"CSRD enters into force in Norway\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wiersholm.no\/en\/#website\",\"url\":\"https:\/\/wiersholm.no\/en\/\",\"name\":\"Law firm Wiersholm\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wiersholm.no\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CSRD enters into force in Norway - Law firm Wiersholm","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wiersholm.no\/en\/newsletters\/csrd-entry-into-force\/","og_locale":"en_US","og_type":"article","og_title":"CSRD enters into force in Norway","og_description":"Background On June 21, 2024, the Norwegian Parliament adopted new legislation on sustainability reporting through amendments to the Accounting Act, the Auditor Act and the Securities Trading Act. The legislative amendments were in line with the proposal from the Ministry of Finance from March 2024. 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