Corporate Sustainability Reporting Directive

From ACT Wiki
Revision as of 13:43, 5 December 2021 by Doug Williamson (Talk | contribs) (Create page - source - Europa -

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

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


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:

  • 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