IFAC Response to the European Commission Review of the Non-Financial Reporting Directive
IFAC has responded to the European Commission’s Review of the Non-Financial Reporting Directive (NFRD). The NFRD marks another valuable step in the dialogue and evolution toward relevant, reliable, and comparable reporting of non-financial information.
IFAC urges the Commission to adopt a global mindset by engaging input from a broad range of international stakeholders in determining the best way forward. Steps taken must “fit within” a global system and avoid regional regulatory fragmentation.