Starting 2016, 6,000+ companies in Europe will have to report annually on their sustainability performance according to the requirements of the EU Directive on Non-Financial Information Disclosure (the Directive). First reports will have to be published in 2018 on activities of FY2017.
During 2013 and 2014, it became clear that companies would have to concentrate more on building mature management systems in parallel to integrating sustainability into their corporate structures in order to be able to comply with the directive or with the requirements of suppliers in line with the Directive.
According to CSR Europe’s work, there are still major challenges to be tackled regarding sustainability management maturity and integration (see Get Value guide). Additionally, sustainability management and transparency are also evolving, which is creating more expectations that companies have to fulfill.
CSR Europe, which was closely associated to the preparation and negociations of the Directive, is fully aware of the challenges. We are providing services primarily to member companies and organisations to answer these, preferably in collaboration with their peers, which brings business value and has the potential to decrease the cost of required know-how.
We offer support:
- To companies: to understand the Directive and improve internal management to comply with it or to become aligned with it.
- To business networks (mainly CSR Europe NPOs) and industry associations: to get equipped with key information and tools to support members.
For more information, take a look at our project factsheet here.