63-37 Draft law to strengthen non-financial reporting by companies in their management and group management reports (CSR Directive Implementation Act)

Entwurf eines Gesetzes zur Stärkung der nichtfinanziellen Berichter- stattung der Unternehmen in ihren Lage- und Konzernlageberichten

Draft law to strengthen non-financial reporting by companies in their management and group management reports (CSR Directive Implementation Act)

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This document outlines the draft law to strengthen non-financial reporting by companies and their management and group management reports.

Issuer

Germany

Year

2016

Region

Europe

Issuer (type)

Federal Government (Bundesregierung) (Government)

Instrument type

Bill

Disclosure instrument

Geographical scope

National

Mandatory or voluntary

Voluntary

Restrictiveness
- Very High 1.72%
Restrictions on business
- Low 0.03%
ESG
- E focus: energy, environment, environmental management, greenhouse gas, pollution, soil, water, emissions
- S focus: diversity, gender equality, human rights, compensation
- G focus: audit, bribery, corruption, financial report, financial reporting, internal control, risk management, accountability
Sustainable Development Goals
GRI standards
Main industries targeted
- Finance, Management, Professional services, Public administration