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Transposition of EU NFR Directive: Amendments to the Law on Accounting PZE No. 51

Croatia Current 2016

Does not expand the scope of the directive, language in the legislation falls in line with the directive. In case of non compliance ministry of finance will publish a list of entrepreneurs who later fail to meet obligations, it shall contain name, PIN, headquarters or address of the entrepreneur. Require the large public-interest entities to report on ESG activities and impacts including: 1. a description of the business model of the entrepreneur 2. a desciption of the policies undertaken on ESG 3. result of the ESG activities, related risks, non financial KPI used....etc.

Issuer name

Ministry of Finance

Government ministry

Finance/Treasury

More information

No mention is made regarding third-party assurance of non-financial information.

Comply or explain

True

Organizations covered by the instrument

All Companies

Target organization notes

PIE 500+

Industry scope

All/none specified

Disclosure venue

Management report; annaul report; non-financial report

ESG coverage - E (Environment)

All

ESG coverage- S (Social)

Human Rights, Employment Conditions, Policies and Practices

ESG coverage- G (Governance)

Accountability, Anti-Corruption and Anti-Competitive Behaviour

Status

Current

Country

Croatia

Region

Europe

Date of publication

2016

Issuer type

Governments (governmental department, agency)

Reporting requirements

Public law and regulation

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

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