The Finnish Accounting Act, 1997.

Finland Current 1997

The Act requires certain companies to include material non-financial issues in the director’s report of the annual/financial report, and refers to the guidelines for good practice. The report shall include an assessment defining the key ratios necessary to understand operations and financial position, as well as the results of operations of the reporting entity. In addition, ratios and other information on personnel and environmental factors, and other potentially significant matters impacting on the operations of the reporting entity, need to be disclosed.


General sustainability/ESG/non-financial

Industry sectors covered by the instrument

All/none specified

Organizations covered by the instrument

Large companies (listed & unlisted)

Issuer type

Employment and Economy

Type of instrument


Mandatory or voluntary


The geographical scope


Project Partners