The Corporate Sustainability Reporting Directive (CSRD) – Considered a Game-Changer in the Field of External Corporate Reporting
The CSRD, which is expected to be adopted in the next few weeks, will probably lead to one of the largest market interventions by the European Union in the external reporting of companies in recent decades.
The European Commission (EC) justifies this regulatory market intervention with the fact that the quality and comparability of the previous non-financial statement according to the Non-Financial Reporting Directive (NFRD) is not sufficient.