The Andersen UPV Chair of Sustainability and Regulated Markets celebrated the past October 2 their fifth training session, focused on the evolution of corporate reporting in the European Union framework.
During the day, the main issue addressed was the transition of the Statement of Non-Financial Statement (NFS) to the new Sustainability Report which introduces more comprehensive, transparent and comparable standards for European organizations.
The speakers Joaquín Ureña, partner and advisor at Andersen, and Agustin Rubio, manager of Sporting Club de Tenis Valencia, shared their experience and analysis on the regulatory changes and the practical implications for different types of companies.
Among the topics covered:
- It was explained which modifications are in force.
- For what companies are of mandatory application.
- What opportunities it offers to anticipate its implementation.
In this respect, although it is not yet included in the group of companies required to report under the new regulations, the Sporting Club de Tenis Valencia has begun to incorporate sustainability criteria in order to strengthen its management, reputation and commitment to transparency.
The session highlighted that corporate sustainability should not only be understood as a regulatory requirement, but also as a strategic opportunity to generate value, trust and competitiveness.
We thank our speakers for their generosity in sharing their knowledge and experience, and all attendees for joining us once again in understanding the new European frameworks and their impact on organizations.
