EU to Require Auditing of Sustainability Reporting, Disclosure by Large non-European Companies


Marking a major step towards the implementation of a new sustainability reporting system in Europe, the EU Council and European Parliament announced that they have reached an agreement on the rules of the Corporate Sustainability Reporting Directive (CSRD). The new agreement will require companies to have their reported sustainability information independently audited, and will also apply to some large non-EU companies.

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