Since 2017, the Non Financial Reporting Directive (NFRD) has implied non-financial reporting obligations for large, capital market-oriented companies, banks and insurance companies. The Corporate Sustainability Reporting Directive (CSRD) will bring about significant changes to this non-financial reporting obligation, both in terms of content and the group of companies subject to reporting requirements, as early as 2023. For financial institutions, the Sustainable Finance Disclosure Regulation (SFDR) is also of central importance. The focus on the double materiality will be expanded and reporting standards containing explicit requirements on disclosable topics and KPIs will become binding.
Based on our expertise in auditing and advising on reporting standards such as TCFD, TNFD, Guidelines on climate reporting, GRI and others, we help our clients to translate their strategies and sustainability activities into credible and authentic reporting that is audit-ready.