Eurosif Position Paper on EU Non-Financial Reporting

27 May 2013

Eurosif strongly supports European Commission legislative proposal COM(2013)207, both in terms of disclosure of non-financial information and of diversity policy.

The proposal serves as a major advancement for Europe and for the community of investors incorporating non-financial (Environmental, Social and Governance) matters in their investment decisions by making more relevant information available from a larger number of companies.

While the text can be improved in certain areas, such as on disclosure of key performance indicators, Eurosif considers the proposal by the Commission to be an appropriate baseline for improved ESG transparency and reporting to investors and other stakeholders, while avoiding imposing overtly costly requirements on companies, especially small and medium size companies.

Download Position Paper here