EC consults on updating the non-binding guidelines on non-financial reporting

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21 Feb 2019

The European Commission (EC) has published a draft supplement to its its non-binding guidelines on non-financial reporting with specific reference to climate-related information.

The consultation marks another step in the implementation of the EC's action plan on sustainable finance published in March 2018, which last saw the publication of a report on companies' disclosure of climate-related information by the Technical Expert Group on Sustainable Finance set up by the EC. The report contained recommendations intended to allow the EC to update its non-binding guidelines on non-financial reporting with specific reference to climate-related information, in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) established by the Financial Stability Board.

Stakeholders are invited to comment on the draft supplement by the end of Wednesday 20 March 2019, through the online facility created for this purpose.

Please click to access the EC consultation page offering access to the draft supplement and the online questionnaire.

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