Alliance for Corporate Transparency | An analysis of the sustainability reports of 1000 companies pursuant to the EU Non-Financial Reporting Directive

The European Union’s Non-Financial Reporting Directive (NFR Directive) was described at the time it was passed, as the world’s foremost legislation on corporate transparency. For the second year since its implementation, the Alliance for Corporate Transparency has undertaken the most comprehensive analysis of how companies are actually reporting, with this year’s research covering 1,000 European companies. Its publication is also very timely, as it comes at the start of the process whereby the European Commission will substantially update the Directive and initiate the development of the European Non-Financial Reporting Standard.