11 Amendments of Sirpa PIETIKÄINEN related to 2013/0110(COD)
Amendment 28 #
Proposal for a directive
Recital 7
Recital 7
(7) In providing this information, companies may rely on national frameworks, EU-based frameworks such as the Eco-Management and Audit Scheme (EMAS), and international frameworks such as the United Nations (UN) Global Compact,non-financial information companies should rely as minimum on the Guiding Principles on Business and Human Rights implementing the UN ‘nited Nations "Protect, Respect and Remedy’" Framework, and the Organisation for Economic Co-operation and Development (OECD) Guidelines for Multinational Enterprises, the International Organisation for Standardisation (ISO) 26000, the International Labour Organization (ILO) Tripartite Declaration of principles concerning multinational enterprises and social policy, and the Global Reporting Initiative. . The companies may additionally rely also on national, EU-based or international frameworks and, if so, should specify which frameworks they have relied upon. As the plethora of different reporting frameworks undermine the comparability of non-financial information at the same time as the different reporting frameworks may lead to increased costs of compliance to the companies, especially SMEs, it would be beneficial for the Union to legislate a clear set of non-financial reporting criteria. This common Union reporting framework would ensure consistent application across the Single Market and level playing field for economic operators. The Commission should develop this criteria, including appropriate key performance indicators, on the basis of existing international frameworks referred to in the first subparagraph, and should propose legislation to this effect by the end of 2018 the latest. With this legislation, the Commission should propose for this criteria to become binding.
Amendment 29 #
Proposal for a directive
Recital 8
Recital 8
(8) Paragraph 47 of the final declaration of the United Nations Rio +20 conference, ‘The Future We Want’13, recognises the importance of corporate sustainability reporting and encourages companies, where appropriate, to consider integrating sustainability information into their reporting cycle. It also encourages industry, interested governments and relevant stakeholders with the support of the United Nations system, as appropriate, to develop models for best practice and facilitate action for the integration of financial and non-financial information, taking into account experiences from already existing frameworks. Consequently the EU companies should, under this Directive, be required to publish their non-financial statement as part of their financial statement. __________________ 13 United Nations, ‘The Future We Want’, Outcome Document of the United Nations Conference on Sustainable Development RIO+20, A/CONF.216/L.1
Amendment 30 #
Proposal for a directive
Recital 8 a (new)
Recital 8 a (new)
(8a) The supply chain is an integral part of the value creation for the majority of the companies, but also of the potential risks the company or undertaking may pose not only to the company or undertaking itself, but to the broader society. It should thus be ensured that, where possible, the information included in the non-financial statement includes data across the whole supply chain.
Amendment 33 #
Proposal for a directive
Recital 11 a (new)
Recital 11 a (new)
(11a) The European Council of 22 May 2013 called for the mandatory introduction of country-by-country reporting for all large companies and groups as part of the revision of Directive 2013/34/EU. Therefore, in order to provide for enhanced transparency of payments made to governments, large undertakings and public interest entities should disclose material payments made to governments in the countries in which they operate. Where possible, such disclosures should be published as an annex to the annual financial statements or to the consolidated financial statements.
Amendment 34 #
Proposal for a directive
Recital 14
Recital 14
(14) As required by Article 51a (e) of Directive 78/660/EEC, the report of the statutory auditors should also contain an opinion concerning the consistency or otherwise of the annual report, includingin a form of a statement concerning the non-financial information contained in the annual report, and the consistency thereof with the annual accounts for the same financial year.
Amendment 35 #
Proposal for a directive
Recital 16
Recital 16
(16) The obligation to disclose their diversity policies for their administrative, management and supervisory bodies with regard to gender and other aspects such as age, gender, geographical diversity, disability, educational and professional background should only apply to large listed companies. Therefore small and medium- sized companies that may be exempted from certain accounting obligations under article 27 of Directive 78/660/EEC should not be covered to by this obligation. Disclosure of the diversity policy should be part of the corporate governance statement, as laid down by Article 46a of Directive 78/660/EEC. Companies not having a such a diversity policy should not be obliged to put one in place, but they should clearly explain why this is the case.
Amendment 47 #
Proposal for a directive
Article 1 – paragraph 1 – point 1 – point a
Article 1 – paragraph 1 – point 1 – point a
In providing such information the company mashall rely as minimum on the Guiding Principles on Business and Human Rights implementing the United Nations "Protect, Respect and Remedy" Framework and the Organisation for Economic Co-operation and Development(OECD) Guidelines for Multinational Enterprises. The company may additionally rely on national, EU- based or international frameworks and, if so, shall specify which frameworks it has relied upon. By 31 December 2018 the latest, the Commission shall adopt, by means of delegated acts in accordance with Article [49 new Directive 2013/34], and regularly update, criteria for a common European non-financial reporting framework. This criteria shall build on existing national, EU-based or international frameworks and shall contain Key Performance Indicators (KPIs) in the matters on which information has to be provided.
Amendment 58 #
Proposal for a directive
Article 1 – paragraph 1 – point 2 – point a
Article 1 – paragraph 1 – point 2 – point a
Directive 78/660/EEC
Article 46a – paragraph 1 – point g
Article 46a – paragraph 1 – point g
a description of the company's diversity policy for its administrative, management and supervisory bodies with regard to gender and other aspects such as age, gender, geographical diversity, disability, educational and professional background, the objectives of this diversity policy, how it has been implemented and the results in the reporting period. If the company has no such policy, the statement shall contain a clear and reasoned explanation as to why this is the case.
Amendment 65 #
Proposal for a directive
Article 2 – point 1 – point a
Article 2 – point 1 – point a
Directive 83/349/EEC
Article 36 – paragraph 1 – subparagraph 3 – introductory part
Article 36 – paragraph 1 – subparagraph 3 – introductory part
For parent undertakings of undertakings to be consolidated that together exceed an average number of 500 employees during the financial year, and, on their balance sheet dates, exceed either a balance sheet total of EUR 20 million or a net turnover of EUR 40 million, the review shall also include a non-financial statement containing information relating to at least environmental, social and employee matters, respect for human rights, anti- corruption and bribery matters, taking into account the undertaking's whole supply chain, including the following:
Amendment 72 #
Proposal for a directive
Article 2 – point 1 – point a
Article 2 – point 1 – point a
Directive 83/349/EEC
Article 36 – paragraph 1 – subparagraph 5
Article 36 – paragraph 1 – subparagraph 5
In providing such information the consolidated annual report mampany shall rely as minimum on the Guiding Principles on Business and Human Rights implementing the United Nations "Protect, Respect and Remedy" Framework and the Organisation for Economic Co-operation and Development(OECD) Guidelines for Multinational Enterprises. The company may additionally rely on national, EU- based or international frameworks and, if so, shall specify which frameworks it has relied upon. By 31 December 2018 the latest, the Commission shall adopt, by means of delegated acts in accordance with Article [49 new Directive 2013/34], and regularly update, criteria for a common European non-financial reporting framework. This criteria shall build on existing national, EU-based or international frameworks and shall contain Key Performance Indicators (KPIs) in the matters on which information has to be provided.
Amendment 82 #
Proposal for a directive
Article 2 a (new)
Article 2 a (new)