Corporate Sustainability Reporting Directive: Difference between revisions
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The | The strengthened Corporate Sustainability Reporting Directive (CSRD) - among other changes - with effect from 2023: | ||
* | *Extends the scope of mandatory sustainability reporting to all large companies and all companies listed on regulated markets (except listed micro-enterprises). | ||
* | *Introduces more detailed reporting requirements, and a requirement to report according to mandatory EU sustainability reporting standards. | ||
* | *Requires auditing of reported sustainability information. | ||
| Line 16: | Line 16: | ||
* [[Audit]] | * [[Audit]] | ||
* [[ESG]] | * [[ESG]] | ||
* [[European Sustainability Reporting Standards]] (ESRS) | |||
* [[Non-Financial Reporting Directive]] (NFRD) | * [[Non-Financial Reporting Directive]] (NFRD) | ||
* [[Regulation]] | * [[Regulation]] | ||
Latest revision as of 17:38, 27 December 2022
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 strengthened Corporate Sustainability Reporting Directive (CSRD) - among other changes - with effect from 2023:
- Extends the scope of mandatory sustainability reporting to all large companies and all companies listed on regulated markets (except listed micro-enterprises).
- Introduces more detailed reporting requirements, and a requirement to report according to mandatory EU sustainability reporting standards.
- Requires auditing of reported sustainability information.
See also
- Audit
- ESG
- European Sustainability Reporting Standards (ESRS)
- Non-Financial Reporting Directive (NFRD)
- Regulation
- Sustainability
- Sustainability reporting
