Sustainability Reporting in capital markets: A Black Box? (ZIFO nr. 30) 2019/3.4.2.1:3.4.2.1 The influence of the EU regulatory approach on US companies

Sustainability Reporting in capital markets: A Black Box? (ZIFO nr. 30) 2019/3.4.2.1

3.4.2.1 The influence of the EU regulatory approach on US companies

Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.

Since 2014, under the directive on non-financial information, large companies, with more than 500 employees, operating in the EU are required to disclose ESG risks about their business activities, in their annual reports.1 The Directive affects around 6000 large undertakings including large US companies operating in the EU. Although sustainability reporting in the US is voluntary, US companies operating in the EU have to comply with the EU regulation, and are therefore, required to disclose Environmental, Social and Governance information in their annual reports.2 Also, the recent EU Action Plan on Sustainable Finance of 2018 and its key actions, such as the EU taxonomy, EU ECO lable and the EU Green Bond Standard have the potential to reach beyond the EU, as they will be available to global investors, including US-based investors.3

Deze functie is alleen te gebruiken als je bent ingelogd.