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4 Aout 1996 - Arrêté royal relatif au bilan social

Royal Decree of August 4, 1996 Relating to the Social Report

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Summary

In 1996, the Belgian government issued the "Arrêté royal relatif au bilan social" (Royal Decree on Social Balance Sheet) to require certain companies to report on their social and environmental impacts. The decree aimed to increase transparency and accountability for companies operating in Belgium. Specifically, it required large companies to report on a range of social and environmental issues, including employment practices, health and safety, environmental impact, and community engagement. The social balance sheet was meant to be published alongside the company's annual financial statements. The decree applied to companies with more than 100 employees or a turnover exceeding a certain threshold. The aim of the social balance sheet was to encourage companies to adopt more responsible business practices and contribute to the well-being of society and the environment.

Thumbnail image for In 1996, the Belgian government issued the "Arrêté royal relatif au bilan social" (Royal Decree on Social Balance Sheet) to require certain companies to report on their social and environmental impacts. The decree aimed to increase transparency and accountability for companies operating in Belgium. Specifically, it required large companies to report on a range of social and environmental issues, including employment practices, health and safety, environmental impact, and community engagement. The social balance sheet was meant to be published alongside the company's annual financial statements. The decree applied to companies with more than 100 employees or a turnover exceeding a certain threshold. The aim of the social balance sheet was to encourage companies to adopt more responsible business practices and contribute to the well-being of society and the environment.
Issuer

Belgium

Year

1996

Region

Europe

Issuer (type)

Council of State (Conseil d'Etat) (Government)

Policy Type

Other sustainability policy

Geographical scope

National

Mandatory or voluntary

Mandatory


Main industries targeted
  • Finance & Insurance
  • Health Care & Social Assistance
  • Professional, Scientific, & Technical Services
  • Manufacturing
Restrictiveness

Very High

Sustainable Development Goals (SDGs)
  • SDG 1: No Poverty
  • SDG 4: Quality Education
  • SDG 8: Decent Work and Economic Growth
  • SDG 10: Reduced Inequality

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