MEPs back plans to boost transparency on firms’ environmental and social impact

Large companies would be obliged to disclose information on their environmental, social and employee-related impact under a draft law on non-financial reporting approved by Legal Affairs Committee on Tuesday. Disclosure should make them more accountable to investors, consumers and civil society, and help them to manage risks more effectively, say MEPs, who also call on the Commission to consider proposing requirements in 2018 for country-by-country reporting on profits, taxes and subsidies.

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http://europedirect.duth.gr/?q=node/1382