NFRD (Non-Financial Reporting Directive)

The Non-Financial Reporting Directive (NFRD) marked a key step in promoting transparency and responsible business practices by requiring large EU companies to report on environmental, social, and governance (ESG) factors. But the journey doesn’t stop there. From 2024, the Corporate Sustainability Reporting Directive (CSRD) takes over — expanding the scope, introducing stricter standards, and aligning sustainability reporting with the EU’s climate neutrality goals. Ready to understand how ESG reporting is evolving? Dive into the shift from NFRD to CSRD and what it means for the future of corporate accountability.