GRI Backs EU Proposal For Separate Pillar On Non-Financial Reporting
Plans for EFRAG to broaden role requires establishment of a professional sustainability standard setting function Q3 2020 hedge fund letters, conferences and more Amsterdam, 15 January 2021 - As part of the European Commission review of the Non-financial Reporting Directive (NFRD), it is exploring how new European sustainability standards could be created and managed. The Commission has asked the European Financial Reporting Advisory Group (EFRAG) to consider the changes needed to its governance, if it were to take on responsibility for creating non-financial reporting standards. Until now, EF...