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Transposition of EU NFR Directive: EU richtlijn 2014/95/EU Bekendmaking niet-financiele informatie door organisaties van openbaar belang.

Netherlands Current 2016

The transposition affects big organizations of public interest - stock exchanges, banks, insurance companies, should pay attention to the policies they carry out towards the environment, social and employee engagement, respect for human rights and anti-bribery and corruption. Comply or explain is mandatory.

Issuer name

Ministry of Security and Justice

More information

The 'regels' of the legislation point to the possibility of using third-party assurance but does not recommend it, says it might be too financially burdensome for many to be audited on that information. No clear process mentioned for non-compliance. First part of the transposition has now been passed (diversity policy) and now waiting for the second part (non-financial info). Updated 02/27/2017

Comply or explain

True

Organizations covered by the instrument

Large private and listed companies

Target organization notes

PIE 500+

Industry scope

All/none specified

Disclosure venue

Annual management 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

Netherlands

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

Go to the instrument