Corporate Sustainability Reporting: Setting an EU standard
In recent years, there has been a global shift with companies doing more to tackle their environmental impact. However, the sustainability information reported by large (listed) companies is currently insufficient for investors to obtain a good understanding of their environmental and social impact. Most importantly, the information is often incomplete, difficult to compare and varying in quality.
The European Commission launched a proposal for a “Corporate Sustainability Reporting Directive” in April. This proposal aims to revise the Non-Financial Reporting Directive (NFRD) by introducing detailed EU sustainability reporting standards and expanding the scope to all large companies and almost all listed companies (excluding micro companies).
During this CEPS-ECMI webinar, key stakeholders will discuss the new European Commission proposal. Is the proposal fit for purpose? Is it likely to lead to a change in behaviour of companies and investors? Is the proposed reporting going to provide investors the necessary information? And is the proposal targeting the right companies?
SPEAKERS
- Elena Arveras, European Commission
- Victor van Hoorn, Eurosif
- Elena Flor, Intesa Sanpaolo
- Jean-Philippe Desmartin, EFFAS
- Armand Kersten, Dutch Shareholders' Association VEB
Moderated by Willem Pieter de Groen, CEPS