Global Sustain contributes to Member States implementation report of the EU Non-Financial Reporting Directive
Report was presented officially in Brussels on November 22, 2017.
Global Sustain contributed to a recent publication by CSR Europe and GRI, in collaboration with Accountancy Europe on the mapping of the Member State Implementation of the EU Directive for non-financial reporting.
Global Sustain was one of the contributing data partners and collaborators of this report.
The report was presented in Brussels last week in a special event.
Over the last months several stakeholders engaged throughout Europe to gather, analyse and check information on the local transpositions of the EU Directive 2014/95.
The collection of information per each country was supported by:
• Member States ministries
• 23 CSR Europe national partner organisations
• 4 additional organisations (including Global Sustain)
The publication is a conclusive milestone in the follow up on the EU Directive transposition across member states, and a beginning for a meaningful dialogue about the implementation of European regulations on non-financial reporting. The publication is created to support companies and relevant stakeholders to review some of the criteria of the transposed laws, and to easily access the original documents for proper assessment of the legal requirements.
The publication includes:
• Overview requirements of the transposed national laws concerning the Directive 2014/95/EU in each of the Member States
• Mapping similarities and differences across transposed laws
• An overview of EU policy context related to non-financial reporting
Beside and beyond the publication, collaboration between stakeholders in Europe will continue to boost non-financial reporting as a tool for companies, and to improve their contribution towards the sustainable development agenda.