CSR Reporting

In June 2022, the European Union decided to launch a new directive for non-financial reporting, known as the Corporate Sustainability Reporting Directive (CSRD).

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This new directive will replace the 2014 Non-Financial Reporting Directive (NFRD). To provide a common and harmonized framework for companies to report on their sustainability performance, the EU has mandated the European Financial Reporting Advisory Group (EFRAG) to develop the European Sustainability Reporting Standards (ESRS). These standards will reference the EU Taxonomy concerning the information to be disclosed regarding environmental impacts.

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The implementation timeline for the directive is indicated in the chart on the right. 

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Deveco will guide you in preparing your customized non-financial report while incorporating the new European standard, CSRD (Corporate Sustainability Reporting Directive).