August 23, 2010- Response to Public Consultation on the Directive 2004/109/EC (Transparency Requirements for Listed Companies)
Summary: Eurosif submitted to the European Commission's Internal Markets and Services DG its Response to the public consultation on the Modernisation of the Directive 2004/109/EC (transparency requirements for listed companies).
In its Response, Eurosif makes the following recommendations, among others:
- The disclosure of Environmental, Social and Governance (ESG) data by all listed companies should be mandatory and should be a provision in the Transparency Directive.
- The Transparency Directive should encourage the disclosure by investors on how they integrate environmental, social and governance issues in their investment policies.