BRUSSELS WANTS ENVIRONMENTAL AND SOCIAL INFORMATION DISCLOSED BY LARGE COMPANIES

JUST as the International Integrated Reporting Council (IIRC) was launching its consultation on the draft International Integrated Reporting Framework in London, the European Commission was pushing in Brussels for large companies to disclose information on social and environmental matters.The European Union’s internal market Commissioner Michel Barnier tabled on April 16 an amendment to the EU’s fourth (78/660/EEC) and seventh (83/349/EEC) directives on annual and consolidated accounts. These reforms would oblige companies with more than 500 employees to ...


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