Introduction
This session will provide an overview on the latest developments in non-financial disclosures and sustainability reporting in the EU, with a special focus on the Corporate Sustainability Reporting Directive (CSRD), which will amend the Non-Financial Reporting Directive (NFRD), and the upcoming EU Sustainability Reporting Standards (ESRS). While the NFRD currently applies to large public interest companies with more than 500 employees, the new regulations will gradually cover a broader scope of companies, including companies with more than 250 employees and listed SMEs, who will have to report the first time. The reporting requirements will also become more complex, covering several new reporting dimensions with the reported information requiring mandatory assurance.
Who Should Attend?
The session is expected to be particularly of interest for private sector representatives with a focus on accounting/non-financial reporting or sustainability topics in general, as well as public sector officials dealing with topics related to the environment, social factors and governance.
CPE Accreditation
This session has been accredited with 1.5 CORE hours CPE.
Session Outline
- Background on ESG/ Sustainability/ Sustainable Finance regulations (e.g. Taxonomy)
- NFRD: re-cap on the main requirements of the Directive
- CSRD: update on the agreed content/timelines of the directive, and comparison with the NFRD
- Reporting standards – what will they contain (based on current drafts) and timeline
- Malta – next steps & implementation in Malta.
Special focus on:
- ESG/ CSRD preparedness
- Supply chain aspects and SC due diligence
- SME reporting requirements & safe-guards
- Other future developments (e.g. Corporate Sustainability Due Diligence)
Speakers