Back to overview

Council of Ministers Resolution, N. º 49/2007, 2007.

Portugal Current 2007

With this resolution the Portuguese Government encourages all public companies of the business sector to develop a sustainability strategy and to adopt sustainability practices.

Issuer name

National Assembly

More information

Resolution of the Council of Ministers, N. º 49/2007, March 28th, approved the Principles of Good Governance of public companies, according to which companies are compelled to include in their annual Report and accounts a sustainability analysis in the corporate governance section. The aim is for these companies to implement corporate models with high levels of performance, contributing to the dissemination of good practices in the sustainability area, including the adoption of a sustainability strategy in the economic, environmental and social areas.

Organizations covered by the instrument

State-owned companies

Industry scope

All/none specified

Disclosure venue

Annual report

Status

Current

Country

Portugal

Region

Europe

Date of publication

2007

Issuer type

Governments (governmental department, agency)

Reporting requirements

Other e.g. action plan, strategy, programme, voluntary initiative

Mandatory or voluntary

Voluntary

The geographical scope

National/federal

Go to the instrument