The Social Balance Sheet requires reporting on the nature and the evolution of employment, e.g., training.
National Bank of Belgium
More informationAll companies that employ staff, (large and very large) non-profit institutions, and foundations are required to publish a Social Balance Sheet as part of their annual accounts. In addition, some companies that are not required to produce annual accounts such as hospitals and companies with more than 20 staff members, as well as foreign companies with a branch in Belgium or foreign NPIs with a center of operation in Belgium, are also required to produce a social balance sheet. The Social Balance Sheet holds specific information about the nature and evolution of the workforce, such as the number of people employed, personnel movements, training, etc.
Organizations covered by the instrumentAll Companies
Target organization notescompanies that employ staff, (large and very large) non-profit institutions, and foundations are required to publish a Social Balance Sheet as part of their annual accounts
Industry scopeAll/none specified
Disclosure venueSocial balance statement
ESG coverage- S (Social)Employment Conditions, Policies and Practices
ESG coverage- G (Governance)Remuneration
Current
CountryBelgium
RegionEurope
Date of publication2008
Issuer typeFinancial Market Regulators
Reporting requirementsPublic law and regulation
Mandatory or voluntaryMandatory
The geographical scopeNational/federal