At the heart of these changes are two interconnected regulatory frameworks – the Corporate Sustainability Reporting Directive (CSRD, Directive (EU) 2022/2464) and the European Sustainability Reporting Standards (ESRS). CSRD is the regulatory framework that defines which companies are required to disclose sustainability information and sets out the main requirements for such reporting. ESRS, in turn, are the detailed technical standards developed by EFRAG and adopted by the European Commission, which define the specific indicators, methodologies and disclosure requirements. Unlike the previous Non-Financial
On April 24, 2025, Sofia became a hub of innovation in sustainable development thanks to the seminar “Entrepreneurship in Climate Technologies.” Organized in collaboration with Stanford University and SiteGround, the event brought together over 50 entrepreneurs, investors, scientists, and experts dedicated to climate technologies and their role in achieving global carbon neutrality. The seminar was led by Prof. David McCall, partner at Echelon VC and lecturer at Stanford University. With extensive experience in founding and funding over 90 tech companies, Prof.


