abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb

هذه الصفحة غير متوفرة باللغة العربية وهي معروضة باللغة English

المقال

21 إبريل 2021

الكاتب:
Frank Bold, BHRRC, WWF, ECCJ & 10 others

On the Corporate Sustainability Reporting Directive (NFRD reform) proposal: most promising changes and caveats

The European Commission has presented its legislative proposal for a Directive as regards sustainability disclosures by certain companies.

The proposal presents several major improvements which are essential to help companies focus and report on meaningful information and channel finance to activities and projects needed to meet the objectives of the European Green Deal and make the European economy sustainable. 

The most positive developments include:

  1. The extension of the scope of the Directive to include all large companies...
  2. A requirement to develop European generic and sector specific mandatory sustainability reporting standards...
  3. Clarification of the main reporting areas and the categories of information that companies should disclose is specified in greater detail. The principle of “double materiality” is also clarified and properly enshrined in the draft proposal...
  4. The proposal provides a clear mandate to report on plans to ensure the compatibility of company business models and strategies with the transition towards a sustainable economy and with the limiting of global warming to 1.5 °C in line with the Paris Agreement...

However, the proposal falls short on several important points, which significantly limit its desired impact:

  1. Private companies, which don’t meet the threshold of a large undertaking, are left out of the scope of the proposed Directive in contradiction to the EU Parliament’s clear call for the integration of all companies from high-risk sectors...
  2. [T]he proposal fails to specify the essential aspects that EU standards need to address in particular with regard to reporting on human rights, including disclosure of salient human rights issues, key elements for supply chains disclosures, and quality criteria for KPIs...
  3. [T]o ensure target setting is relevant and connected to the company’s impacts and risks, it is essential to specify that such targets must be linked to the outcomes of the company’s double materiality determination...

الجدول الزمني

معلومات الخصوصية

هذا الموقع يستخدم ملفات تعريف الارتباط وتكنولوجيا التخزين الشبكي. يمكنك ضبط خيارات الخصوصية أدناه. تسري التغييرات فورًا.

للمزيد من المعلومات عن استخدامنا للتخزين الشبكي، انظر سياستنا في استخدام البيانات وملفات تعريف الارتباط

Strictly necessary storage

ON
OFF

Necessary storage enables core site functionality. This site cannot function without it, so it can only be disabled by changing settings in your browser.

ملفات تعريف الارتباط التحليلية

ON
OFF

When you access our website we use Google Analytics to collect information on your visit. Accepting this cookie will allow us to understand more details about your journey, and improve how we surface information. All analytics information is anonymous and we do not use it to identify you. Google provides a Google Analytics opt-out add on for all popular browsers.

Promotional cookies

ON
OFF

We share news and updates on business and human rights through third party platforms, including social media and search engines. These cookies help us to understand the performance of these promotions.

خيارات الخصوصية على هذا الموقع

هذا الموقع يستخدم ملفات تعريف الارتباط وتكنولوجيا التخزين الشبكي لتحسين تجربتك لما يتجاوز الخصائص الرئيسية الضرورية.