Turning Up the Heat? EU Sustainability Goals and the Role of Reporting under the Non-Financial Reporting Directive

Ahern Deirdre
Additional contact information
Ahern Deirdre: Association Professor, School of Law, Trinity College Dublin, Ireland.Ireland

European Company and Financial Law Review, 2016, vol. 13, issue 4, 599-630

Abstract: For a long time the EU viewed corporate social responsibility as voluntary in nature. However, a policy focus on sustainability as a long-term driver of the social market economy within Europe has coincided with a shift in regulatory approach concerning corporate social responsibility. The introduction by the Non-Financial Reporting Directive of mandatory non-financial reporting for large companies heralds in a regulatory approach focusing on sustainability disclosures. However, given the considerable discretion afforded to companies in relation to the form of such disclosures, it remains to be seen how effective such disclosures will prove in practice in terms of achieving consistent transparency and sustainability gains.

Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/ecfr-2016-5007 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bpj:eucflr:v:13:y:2016:i:4:p:599-630:n:3

Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/ecfr/html

DOI: 10.1515/ecfr-2016-5007

Access Statistics for this article

European Company and Financial Law Review is currently edited by Heribert Hirte

More articles in European Company and Financial Law Review from De Gruyter
Bibliographic data for series maintained by Peter Golla ().