The EU Directive on Disclosure of Non-Financial Information: Will It Push the Needle?

Do you think the EU Directive on Disclosure of Non-Financial Information (follow this link) will seriously push the needle on sustainable practices? Or will it just be an exercise in box-ticking?

Starting this year, over 6,000 companies in the EU will be required to disclose negative impacts caused by their business operations, including their policies and results on social, environmental and human rights topics. Do you think firms will embark on a serious journey to integrate ESG-aspects in their reporting (for a quick read on this, click here) or will organizations try to comply with minimal effort and the effects on sustainability will, consequently, also be minimal?

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