Tag: Non-Financial Reporting Directive

Introduced in 2014, the NFRD aimed to encourage greater transparency by requiring large companies to integrate ESG information alongside financial data in their annual reports.

The Corporate Sustainability Reporting Directive (CSRD) represents a significant shift in corporate governance, requiring over 50,000 companies to disclose their sustainability practices transparently. This initiative aims to integrate sustainability into the strategic core of businesses, enhancing transparency across the European Union.

The ESMA has outlined expectations for sustainability-related disclosures in both equity and non-equity prospectuses.

With more attention on ESG oversight and maximising shareholder value, corporate firms in Europe are finding themselves in the spotlight.