Sustainability Reporting at Center of EU’s Green Deal

Sustainability Reporting at Center of EU’s Green Deal

Quality disclosure requirements critical to Europe’s €1 trillion sustainable investment plan The European Green Deal becomes a global game changer that other economies should follow. With ambitious legislative changes backed by €1 trillion investment over the next decade, the EU is signalling leadership in efforts to advance sustainable development and tackle climate change. In a statement on 28 January, European Commission Executive Vice-President Valdis Dombrovskis provided details on the implementation of the Green Deal Investment Plan – including strengthening sustainability reporting by companies. He set out that: The EU’s Non-Financial Reporting Directive is to be reviewed, with new requirements for companies to increase disclosures on sustainability risks and opportunities. The […]