The Limited Times

Now you can see non-English news...

New regulations to measure the impact on the business environment

2024-02-05T11:02:32.408Z

Highlights: New regulations to measure the impact on the business environment. A European directive, which is beginning to be applied, requires the publication of a non-financial report. Large groups, certain SMEs and ETIs will gradually discover the Corporate Sustainability Reporting Directive (CSRD), transposed into French law in December 2023. France was the first country in the European Union to adopt this text in order to provide as soon as possible possible a precise framework for its companies. Large listed companies - with more than 500 employees - are already collecting data for the 2024 financial year.


A European directive, which is beginning to be applied, requires the publication of a non-financial report.


Extra paperwork or inspiring exercise?

Large groups, certain SMEs and ETIs will gradually discover the Corporate Sustainability Reporting Directive (CSRD), transposed into French law in December 2023. France was the first country in the European Union to adopt this text in order to provide as soon as possible possible a precise framework for its companies.

The implementation schedule is identical throughout Europe.

Large listed companies - with more than 500 employees - are already collecting data for the 2024 financial year to comply with the new directive and publish their first extra-financial report in 2025.

Next year, the directive will concern companies meeting at least two of the following criteria: more than 250 employees, more than 20 million euros in balance sheet total, more than 40 million euros in net turnover.

In 2026, for publication in 2027, the turn of certain listed SMEs will come.

In 2027 (publication in 2028), even…

This article is reserved for subscribers.

You have 84% left to discover.

Flash sale

-70% on digital subscription

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All news articles on 2024-02-05

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.