The Council has finally approved the Corporate Sustainability Reporting Directive (CSRD). This means that companies will soon be required to disclose detailed information on aspects of sustainability. It will increase corporate responsibility, will avoid the application of different sustainability standards and facilitate the transition to sustainable economy. In practice, companies will have to report how their business model affects their sustainability and how external sustainability factors (such as climate change or human rights issues) affect their operations. Investors and other stakeholders will thus be better prepared to make informed decisions on sustainability issues. The CSRD Directive reinforces the existing rules, which no longer correspond to the EU's transition to a sustainable economy, regarding the disclosure of non-financial information introduced by the Accounting Directive directive on the publication of non-financial information (NFRD) of 2014.