65-19 Circular no. 62784 - Carrots & Sticks

Summary

Circular No.62784/06-06-2017 of the Ministry of the Economy and Development developed according to the provisions of the Directive 2014/95/EU of the European Parliament, requires large companies to disclose specific information regarding the way they operate and manage environmental and social challenges.

Issuer

Greece

Year

2017

Region

Europe

Issuer (type)

Ministry of the Economy and Development (Government)

Instrument type

Circular

Disclosure instrument

Yes

Geographical scope

National

Mandatory or voluntary

Mandatory

Text analysis

Restrictiveness
- Moderate 0.88%
Restrictions on business
- Low 0.04%
ESG
- E focus: climate change, emissions, energy, energy use, environment, forests, greenhouse gas, land use, pollution, recycling, renewable energy, waste, water, water use, biodiversity
- S focus: diversity, employee training, gender equality, human rights, compensation
- G focus: bribery, corruption, financial reporting, internal control, risk management, audit
Sustainable Development Goals
GRI standards
Main industries targeted
- Administrative services, Agriculture, Finance, Management, Mining, Professional services, Real estate