Requires Small, Medium and Large enterprises falling under a specific scope to report on environmental and social issues
Ministry of Economy, Development
More informationCompanies with a net turnover of over 700.000 EUR or balance sheet total over 350.000 with more than 10 Employees, on the topics of Environmental issues and labour issues, give a brief description of the company business model and policies, NFI KPIs. This is on a comply or explain basis. This can be done using either an international or EU-based framework, which must be integrated in the annual-management report. Penalties apply for medium or large financial entities only. There are fines for late and non-compliance
Comply or explainTrue
Organizations covered by the instrumentAll Companies
Industry scopeAll/none specified
Disclosure venueManagement report
ESG coverage - E (Environment)All
ESG coverage- S (Social)Employment Conditions, Policies and Practices, Human Rights
ESG coverage- G (Governance)Accountability, Anti-Corruption and Anti-Competitive Behaviour
ESG coverage- Eco (Economic & General)Procurement and Supply Chain Management
Current
CountryGreece
RegionEurope
Date of publication2016
Issuer typeGovernments (governmental department, agency)
Reporting requirementsPublic law and regulation
Mandatory or voluntaryMandatory
The geographical scopeNational/federal