Non-Financial Reporting Directive (NFRD)

The Non-Financial Reporting Directive (NFRD) is a European Union regulation that requires large companies to disclose information on their environmental and social impacts, governance practices, and how they address issues like human rights and corruption. The goal is to provide stakeholders—such as investors and consumers—with a clearer picture of a company's sustainability efforts and ethical practices. This transparency helps promote accountability and informs responsible investment decisions, ultimately encouraging businesses to operate more sustainably and ethically in society.