The appreciation and demand for decision-useful environmental, social and governance (ESG) information has risen over the last two decades. Companies are increasingly expected to provide evidence about how they are contributing to achieving the UN Sustainable Development Goals, and how they are responding to complex and interwoven socio-economic and environmental challenges. This information can then be used by capital providers (investors, lenders and insurers) to efficiently allocate capital towards a more sustainable future and underwrite associated risks.
The European Union (EU) introduced the Directive 2014/95/EU on the Disclosure of Non-Financial and Diversity Information (NFR Directive), amending the Accounting Directive Accounting Directive 2013/34/EU. Companies are obliged to disclose sustainability information across a number of content categories including, their business models, policies, risks, outcomes and KPIs. This covers environmental matters, social and employee aspects, respect for human rights, anti-corruption and bribery issues. The NFR Directive is a key element of the EU’s Sustainable Finance Action Plan and is designed to enhance corporate transparency.
This e-learning course specifically focuses on the disclosure of climate and environmental matters as required under the NFR Directive.
Enrol in this course to learn about the NFR Directive reporting requirements and how to apply them to your organisation.