Non-Financial Reporting Archives

EU Flags in front of the European Commission

EU-wide task force appointed as NFRD reform gathers pace

The European Commission has officially mandated the European Financial Reporting Advisory Group (EFRAG) to provide recommendations for updating non-financial reporting standards. In an open letter, European Commission Executive Vice President Valdis Dombrovskis issued a request for technical advice to EFRAG following the conclusion of a recent consultation for revising the Non-Financial Reporting Directive (NFRD). This […]

French regulator demands broader scope for non-financial reporting

French regulator demands broader scope for non-financial reporting The French securities regulator, AMF, has asked the European Commission to make all companies, irrespective of size, disclose harmonised ESG data under the EU Non-Financial Reporting Directive. The Autorité des marchés financiers (AMF), explaining its reasoning in a response to the commission’s call for feedback on the […]

Companies commit to standardised ESG data reporting

Companies commit to standardised ESG data reporting More than 140 of the world’s largest companies are set to sign up to new set of non-financial reporting disclosures, which will chart their performance on ESG metrics such as greenhouse gas emissions, diversity, and employee wellbeing. The World Economic Forum’s International Business Council is co-ordinating the new […]

EU Commission issues guidance on non-financial reporting

The European Commission has adopted guidelines on the disclosure of environmental and social information. The Commission said they will help companies to disclose relevant non-financial information in a consistent and more comparable manner. These guidelines have been published as companies prepare to apply the EU’s Directive on Non-financial Reporting. The directive entered into force in […]