ESG&C: Finding Value in Non-Financial Reporting

With the new Non-Financial Reporting (NFR) Directive, the European Union is setting a precedent for the introduction of legislation as the means to accelerate the shift from the ‘old’ notion of CSR towards a more holistic, forward-looking and strategic approach for businesses to account for the impact they are making in their communities. In the future, environmental sustainability, social impact, governance and citizenship (ESG+C) performance are set to become a core component of companies’ disclosure and reporting obligations.