Responses to the EU consultation on disclosure of non-financial information by companies
15 Apr, 2011
In November 2010, the Services of the Internal Market and Services Directorate General of the European Commission started a public consultation in order to gather stakeholders' views on ways to improve the disclosure by enterprises of non-financial information (e.g.
social and environmental). In recent years, there have been calls to improve the comparability, reliability, and relevance of information disclosed by enterprises. The Commission has now posted to its website the responses received and a summary report of the consultation (link to EC website, please scroll down for comment letters and summary report). The report states:
The relevance of sustainability reporting is being increasingly recognized internationally. We offer a separate page on the topic on IAS Plus featuring current developments and other resources.