Transposition of EU NFR Directive

Split up over 5 different laws, the French government has fully transposed the NFR Directive. With the exception of including Sociétés anonymes in their scope, it has not expanded significantly. It follows the NFR directive nearly exactly.

Issuer name

Ministry of Finance (DG Tresor)

Government ministry

Finance/Treasury

Government ministry notes

Ministry of Finance (DG Tresor)

More information

Mandatory verification not only applies to companies with a 100MEUR turnover and FTP over 500. Penalties are weak: only if an interested party requests the disclosure of a company, and they don't have one can a judge impose fines.

Organizations covered by the instrument

Large private and listed companies

Target organization notes

Trading corporate bodies registered in the Trade and Companies Register and non-trading private corporate bodies with an economic activity. - Public housing offices, social housing companies (public limited companies only), semi-public companies, medical-social establishments registered in the Trade and Companies Register. Threshold for application: - Companies with more than 250 employees; or - Turnover exceeding €50 million or total annual balance sheet exceeding €43 million

Industry scope

All/none specified

Disclosure venue

ESG coverage - E (Environment)

All

ESG coverage- S (Social)

All

ESG coverage- G (Governance)

All

ESG coverage- Eco (Economic & General)

All

Status

Current

Country

France

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