EU Non-Financial Reporting disclosure (EU NFR)

Organisation
European Commission
Location
Type
Sector
EU Directive 2014/95/ covering the disclosure of non-financial and diversity information by certain large undertakings and groups.

EU Directive 2014/95/ dated 22 October 2014 amending Directive 2013/34/EU as regards disclosure of non-financial and diversity information by certain large undertakings and groups. Companies within the scope of the Directive will need to disclose information on policies, risks and outcomes as regards environmental matters, social and employee-related aspects, respect for human rights, anti-corruption and bribery issues. These new requirements will apply to large Public Interest Entities with more than 500 employees. This came into force on 1 January 2017.


Significance for seafood businesses: 

This is mandatory reporting for those companies within the scope of the Directive.


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