Management needs to report on social and environmental matters
The Federation of European Accountants (Fédération des Experts-comptables Européens, FEE) has published a factsheet on the EU Directive that will require certain large companies to provide additional information on social and environmental matters.
These amendments were proposed by the European Commission and adopted by Parliament. They currently await adoption by the Council and publication in the Official Journal of the European Union after which they will become law. Current expected transposition date for EU Member States is autumn 2016.
The FEE factsheet outlines key aspects of the new legislation. Please click to download it from the FEE website.
If you have any questions? Please contact your advisor.