Sustainable reporting

In April 2021, the Commission put forward a proposal for a Corporate Sustainability Reporting Directive (CSRD), which would significantly broaden the reporting requirements of the NFRD.

Importantly, the CSRD proposal extends the scope of disclosure obligations to all large companies and all companies publicly listed on EU financial markets, it requires the audit of reported information by external assurers and introduces more granular and detalied disclosures on the ESG performance and impact of companies.