It's the Law: Big EU Companies Must Report on Sustainability

greenbiz.com - April 17, 2014

Wednesday was a historic day in Europe, where a new law will require its biggest companies to include sustainability factors as part of their annual financial report.

In a 599-55 vote, the European Parliament passed the law, which applies to publicly traded companies with more than 500 employees. They must address "policies, risks and results" in relation to "social, environmental and human rights impact, diversity and anti-corruption policies" in their annual reports.

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Global Reporting Initiative - About Sustainability Reporting

ALSO SEE - The EU law on non-financial reporting - how we got there