Investor bodies join NGOs in call to MEPs to broaden scope of EU CSRD

EFAMA and Eurosif, along with non-profits including Finance Watch and ShareAction, have called on Members of the European Parliament to broaden the scope of EU corporate sustainability reporting legislation.

Their letter to MEPs comes as various committees in the European Parliament will in the coming weeks vote on their positions on the EU corporate sustainability reporting directive (CSRD).

The co-signing organisations, which also include CDP, Frank Bold, and the Investor Alliance for Human Rights, are calling for the scope of companies to be covered by the new rules to be expanded to include all listed SMEs as well as non-listed SMEs operating in high-risk sectors, “subject to proportional rules”.

Read the full article on IPE: