Corporate Sustainability Reporting Directive

From ACT Wiki
Revision as of 23:26, 26 July 2022 by imported>Doug Williamson (Add date - source - Practical Approaches to Applying the EU Taxonomy to Bank Lending - https://www.unepfi.org/wordpress/wp-content/uploads/2022/02/Practical-Approaches-to-Applying-the-EU-Taxonomy-to-Bank-Lending-2022.pdf)
Jump to navigationJump to search

Environmental, social and governance concerns (ESG) - European Union.

(CSRD).

The European Union's Non-Financial Reporting Directive (NFRD) became effective from January 2021. Companies currently under the scope of the NFRD have to disclose information on how - and to what extent - their operations are associated with environmentally sustainable economic activities.


The proposed - strengthened - Corporate Sustainability Reporting Directive (CSRD) would, among other changes with effect from 2023:

  • Extend the scope of mandatory sustainability reporting to all large companies and all companies listed on regulated markets (except listed micro-enterprises).
  • Introduce more detailed reporting requirements, and a requirement to report according to mandatory EU sustainability reporting standards.
  • Require auditing of reported sustainability information.


See also


External link

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Corporate_Sustainability_Reporting_Directive&oldid=11719’