Non-financial company reports will not require independent verification

The UK government has decided not to mandate a requirement for company non-financial reports to be independently verified

The Non-Financial Reporting Directive must be transposed by 6 December. Photograph: Dmitriy Shironosov/123RFCompanies’ future non-financial reports will not have to be verified by an independent party, the government has decided.

On 9 November, BEIS set out its response to a consultation on implementing the EU Non-Financial Reporting Directive (NFRD), which requires large public interest organisations to create report on their environmental, social, human rights and anti-corruption performance.

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