European Union Non-Financial Reporting Directive (EU NFRD)

The European Union Non-Financial Reporting Directive (EU NFRD) requires large companies to disclose information about their environmental, social, and governance (ESG) practices. This includes details on how they address issues like climate change, employee rights, anti-corruption, and diversity. The goal is to improve transparency and help investors, consumers, and other stakeholders assess companies' sustainability and ethical impact. It encourages companies to operate more responsibly by making their non-financial activities and risks clear, promoting sustainable growth across Europe.