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Guideline on NonFinancial Reporting (methodology for reporting non-financial information)

Albania Current 2020

The Guideline is prepared based on Article 18 of the Law no. 25/2018 dated 10.05.2018 "On Accounting and Financial Statements", and is harmonized with the European Union's Directive no. 2014/95/EU dated 22.10.2014 "On Non-Financial Reporting" and the related guideline issued by the European Commission.

Issuer name

Albanian National Council of Accounting

More information

Its preparation needs to be integrated with the management report based on accurate information about environmental and social impact, employment matters, respect of human rights, anti-corruption and bribery matters. Different from the common concept of materiality used by preparers, auditors and users of financial statements, the reported non-financial information should be to the extent of necessary information to understand the impact of company's activity.

Organizations covered by the instrument

State-owned companies

Industry scope

All/none specified

Disclosure venue

Annual Report/Management Report

ESG coverage - E (Environment)

Biodiversity & Ecosystem Services, Climate & GHG emissions, Energy, Materials & Resource Efficiency (circularity), Waste & Hazardous Substances, Water, Pollution

ESG coverage- S (Social)


ESG coverage- G (Governance)

Accountability, Stakeholder Engagement, Anti-Corruption and Anti-Competitive Behaviour







Date of publication


Issuer type

Financial Market Regulators

Reporting requirements

Guidelines and standards for non-financial reporting

Mandatory or voluntary


The geographical scope


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