FEWER EU COMPANIES THAN INITIALLY PROPOSED WILL HAVE TO DISCLOSE NON-FINANCIAL INFORMATION

A COMPROMISE between the European Parliament and the European Union (EU) Council of Ministers in February over new non-financial reporting rules will insist that many of the largest EU companies disclose their impact and policies on the environment, social and employee-related matters, human rights, anti-corruption and bribery. MEPs and ministers agreed these duties would fall on all publicly listed companies, plus credit institutions and insurance companies that are not listed, said Dutch green MEP Judith Sargentini, who provided input to the draft law on behalf ...


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