The EU Non-Financial Reporting Directive places more responsibilities on companies and provides the basis for a new model of corporate accountability.
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The EU Non-Financial Reporting Directive has introduced a new requirement for large EU companies to disclose information about policies, risks and outcomes regarding environmental, social and employee matters; respect for human rights, anti-corruption and bribery issues; and board diversity.
The objective is to lay the basis for a new model of corporate reporting that considers financial and non-financial data equally essential for the future of business and key to understanding a company’s development, performance and position, as well as the impacts of its activity on society.
The Directive comes at a time of high political, economi
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