The NFRD and CSRD are EU directives that define corporate responsibility reporting. The key difference between them is that the CSRD (Corporate Sustainability Reporting Directive) significantly extends the scope and reporting requirements of the former NFRD (Non-Financial Reporting Directive). CSRD applies to more companies, requires more detailed ESG reporting and introduces mandatory reporting standards and an external assurance requirement. The reform aims to improve the quality, comparability and reliability of corporate sustainability data. The NFRD (Non-Financial Reporting Directive) and CSRD (Corporate Sustainability Reporting Directive) are EU directives that guide corporate sustainability reporting. The NFRD came into force in 2014 and requires large companies with a public interest to report on non-financial information such as environmental and social responsibility. CSRD [...] ... Continue readingWhatis the difference between NFRD and CSRD?