By the end of March, the European Commission wants to present a revised version of the so-called non-financial reporting directive (NFRD). A coalition of European NGOs is calling for greater transparency and stricter reporting requirements for companies in sustainability matters. EURACTIV Germany reports. Based on several studies, the Alliance for Corporate Transparency (ACT) is calling on the EU to increase and more precisely define the reporting requirements for companies. Under the the NFRD, European companies with more than 500 employees are currently required not only to give an account of their financial situation, but also to provide public information on certain non-financial matters.