Corporate Sustainability Reporting Directive

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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:

  • 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