Flash Report — Corporate Sustainability Reporting Directive (CSRD) Approved by European Council; More Than 50,000 Organizations Affected
On 28 November, the European Union (EU) Council gave its final approval to the Corporate Sustainability Reporting Directive (CSRD), which will require new, standardized and detailed sustainability reporting by companies. The CSRD represents a significant expansion from the earlier Non-Financial Reporting Directive (NFRD), which it replaces, and exceeds all previous sustainability reporting requirements, both in […]