Press Release: New transparency rules on social responsibility for big companies

The Council of the European Council adopted on the 29 September 2014 a directive for the disclosure of non-financial and diversity information by certain large companies.

New measures will require certain big EU companies to draw up, on a yearly basis, a statement relating to environmental, social and employee-related matters, respect for human rights, anticorruption and bribery matters. The statement will have to include a description of the policies, outcomes and the risks related to those matters.

• Primary Source

European Commission: RAPID: Statement, STATEMENT/14/291: Disclosure of non-financial information: Europe’s largest companies to be more transparent on social and environmental issues http://europa.eu/rapid/press-release_STATEMENT-14-291_en.htm

ESO: Background information: New transparency rules on social responsibility for big companies http://www.europeansources.info/record/press-release-new-transparency-rules-on-social-responsibility-for-big-companies/

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