Published the proposal to amend Non financial Reporting Directive

The European Commission has published the proposal to amend the directive concerning the disclosure of non-financial information. Among the novelties, the proposal provides for (i) the extension of the scope of the directive to all large companies and listed companies and (ii) the development of mandatory EU sustainability reporting standards and separate, proportionate standards for SME, which not-listed SMEs  may choose to use on a voluntary basis.
The next step is for the European Parliament, and the Member States in the Council, to negotiate a final legislative text on the basis of the Commission’s proposal.