Content tagged with "nonfinancial reporting"
How are Member States implementing the EU Directive on Non-financial Information
This November, GRI, CSR Europe and Accountancy Europe have prepared a comprehensive overview of how Member States are implementing the EU Directive on Non-financial and Diversity Information. The document analyses and checks information on the local transpositions of the EU Directive 2014/95. The publication is a conclusive milestone in the follow up on the EU Directive transposition across Member States...
What is paramount in reporting in 2017
For year 2017, the developments in the field of CSR and sustainability reporting are considerably connected with the environment. The end of 2015 was marked by COP 21, resulting in Paris Agreement – a strong statement on the environmental course we wish to take globally. Though the obligations connected to it are generally self-imposed, it was a disheartening development when in June the US government made the decision to withdraw from the Agreement...more...
Commission’s new guidelines to enhance business transparency on social and environmental matters
In June 2017, the European Commission adopted a new set of guidelines on the disclosure of environmental and social information. These guidelines will help companies to disclose relevant non-financial information in a consistent and more comparable manner. The aim is to boost corporate transparency and performance, as well as encourage companies to embrace a more sustainable approach.more...
Corporate Social Responsibility in Germany
There is one big hurdle for a continuous successful adoption of Corporate social responsibility (CSR) practices for Germany. For a significant period of time, in Germany, there is an ever increasing awareness of the importance of CSR for economy, society and sustainability. On March 10th 2017 the German Bundestag passed the law to strengthen companies’ non-financial disclosure in their management reports and group management reports, proclaiming a new phase of CSR in Germany.more...
Do you still think that ESG is voluntary?
When in 1869 the Committee on Stock List of the New York Stock and Exchange Board introduced mandatory publication of annual financial statements for companies seeking listing, companies’ executives vigorously pushed back defining publicity requirements “arbitrary and unreasonable”. Those who were already listed on the NYSE ignored the new requirement, as it wasn’t included in their listing agreement, but newly listed companies started to publish financial statements.more...
Sustainability Reporting can be fun!
Reporting on Corporate Social Responsibility is not only about leadership, people in the community and their lives or transparency. It is also about having fun!more...
The SDGs, corporate strategy and corporate reporting
Following the adoption of the Sustainable Development Goals (SDGs) by Governments in late 2015 a number of companies have been thinking about how to incorporate them into their integrated reports and strategies. The SDG Compass developed by the GRI, UNGC and WBCSD is full of (rather obvious) advice (“goal setting is critical to business success”, p5; “It is important to define the baseline for each goal”, p 18, etc).more...
The ABIS member ABN AMRO published its first report using the UN Reporting Framework
The ABIS member ABN AMRO is the first financial institution in the world to publish a human rights report based on the reporting framework of the UN Guiding Principles on Business and Human Rights.more...
How to Implement CSR Reporting in Your Company? Part 1
There are plenty of topics. All that remains is choosing the ones that are the most important for the company stakeholders and the company itself. The report should describe what has happened during a so-called reporting period. It is defined as the time period for which the company describes its results – usually one calendar year.more...
The Reporting Method of GRI
The tool which is most commonly used to prepare reports on corporate responsibility are the Global Reporting Initiative Guidelines. These guidelines can be used to write the report by any company or organisation. Using them is free. As a supplement to these guidelines, there are several manuals specially prepared and published for individual types of business (e.g. the mining industry or banks).more...
Global Impact Grid to host the next Hi4CSR in Learning Activity in Berlin
The following learning activity will take place in Berlin, from May 15th to May 19th 2017. Participants of the learning activity will be members of the consortium consisted of eight renowned European organizations in the field of CSR.more...
EU Non-financial Directive: What is it going to be like in Italy?
Time flies when it comes to upcoming regulation. The 15th of April 2014 appears so distant in the past. On that Tuesday, The European Parliament adopted the now famous Directive on the disclosure of non-financial information by large companies in the EU.
Now, we are less than a month away from the hard deadline for the transposition of the Directive in national laws (6th December 2016). As other EU member countries, Italy is in the final stages of drafting the transposition law for the Directive.
Firms could learn about CSR Reporting Methods at Slovak Compliance Days
Pontis Foundation strives to educate the Slovak public and businesspeople about non-financial reporting. Slovak Compliance Days 2016 is a regular event organized by The Slovak Compliance Circle organisation. This year, it was held in Trnava on November 8 and 9, 2016, under the auspices of the Slovak president, Andrej Kiska, with the topic “Judicial Responsibility of Legal Persons – Compliance”.more...
The first learning activity took place in Zagreb, Croatia!
From January 30th until February 3rd 2017 in RRiF College for Financial Management in Zagreb, the first learning activity within Hi4CSR finally took place!
Find out what topics were discussed as well as what are the consortium's future activities!
New CSR regulations in Slovenian legislation
In March 2017, Slovenian parliament adopted the amendments to the Companies Act, which transpose the provisions of European Directive on Obligatory Non-Financial Reporting into Slovenian legal order.more...