The Non-Financial Reporting Directive, otherwise known as the NFRD – started in all EU member states in 2018. The NFRD is now a national law, and all 28 member states of the EU are expected to comply if their company meets the requirements to participate in the NFRD.
The NFRD is represented in the Treaty on the Functioning of the EU, and this permits all EU member states to set environmental goals that exceed the ones required of them by the NFRD
