Turning Up the Heat? EU Sustainability Goals and the Role of Reporting under the Non-Financial Reporting Directive
For a long time the EU viewed corporate social responsibility as voluntary in nature. However, a policy focus on sustainability as a long-term driver of the social market economy within Europe has coincided with a shift in regulatory approach concerning corporate social responsibility. The introduction by the Non-Financial Reporting Directive of mandatory non-financial reporting for large companies heralds in a regulatory approach focusing on sustainability disclosures. However, given the considerable discretion afforded to companies in relation to the form of such disclosures, it remains to be seen how effective such disclosures will prove in practice in terms of achieving consistent transparency and sustainability gains.
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Articles in the same Issue
- The New Law of Piercing the Corporate Veil in the UK
- Cross‐border coordination of bank resolution in the EU: All problems resolved?
- Turning Up the Heat? EU Sustainability Goals and the Role of Reporting under the Non-Financial Reporting Directive
- The Regulation of Outsider Trading in EU and the US
- The New Italian Almost Capital-less Private Companies: A Brand New Tile in the Mosaic
Articles in the same Issue
- The New Law of Piercing the Corporate Veil in the UK
- Cross‐border coordination of bank resolution in the EU: All problems resolved?
- Turning Up the Heat? EU Sustainability Goals and the Role of Reporting under the Non-Financial Reporting Directive
- The Regulation of Outsider Trading in EU and the US
- The New Italian Almost Capital-less Private Companies: A Brand New Tile in the Mosaic
