
A group of leading organisations in the field of sustainable finance, including Frank Bold, issued a joint statement with recommendations for the upcoming revision of the Non-Financial Reporting Directive*.
The current COVID-19 crisis has shown how economic, social and environmental aspects are interlinked and the need to put in place the right tools and incentives for each stakeholder from both public and private sector to play its role. The European Commission indicated in its recently published consultation on a renewed Sustainable Finance strategy that companies should prioritise key stakeholders’ long-term interest. We see the revision of the Non-Financial Reporting Directive as an important element of achieving this.
As a group of stakeholders with different backgrounds, but a common interest in sustainable finance, we believe the following matters are instrumental in the upcoming revision of the NFRD to make a leap forward in improving the quality, comparability and consistency of information on environmental, social and governance matters:
You can read the full statement, which includes further details for each of the above recommendations below.
*The group is formed by ACCA, Accountancy Europe, Association of German Banks (BdB), CDSB, EFAMA, Frank Bold, IIGCC, Schroders, ShareAction, WWF who came together in an informal platform for collaboration and discussion on crucial EU policy issues on sustainability. The statement was also supported by BNP Paribas AM and Candriam (while not being part of the informal group itself).
We are honoured to announce that Frankly Speaking - A Podcast on Responsible Business has received the Silver Stevie Award in the Podcast category for Sustainability & Environment.
Brno/Brussels, August 8, 2025 – The Frank Bold expert group has submitted comments to the European Commission on the upcoming package of measures to modernize European electrical grids (the European Grids Package). The proposals are based on proven solutions that were previously published by Frank Bold on the website gridforfuture.eu, and present 8 concrete non-investment measures for more efficient use of existing grid infrastructure.
Following the request of Commissioner Albuquerque, and after intense months of work from experts in the business, investor and audit community, as well national standard setters and civil society experts engaged officially in EFRAG, the revised ESRS are now publicly available and open for consultation until the end of September.