Communication

August 23, 2010- Response to Public Consultation on the Directive 2004/109/EC (Transparency Requirements for Listed Companies)

23 August 2010

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.

Download the Response here. More information about the Transparency Directive here.