Non-financial reporting
Sustainability reporting
Definition
Non-financial reporting, now usually called sustainability reporting, is the publication of a company's environmental, social and governance information alongside its financial statements.
In the EU, it became mandatory for large public-interest entities with the Non-Financial Reporting Directive (NFRD, 2014/95/EU), transposed in France as the DPEF (déclaration de performance extra-financière). The CSRD replaced the NFRD and changed the vocabulary: "sustainability" information, reported under the ESRS and checked by an assurance provider.
Outside the CSRD, companies report voluntarily, most often under the GRI standards or the Voluntary Standard (VS, formerly VSME), to answer customers, banks and investors.