Activities of Philippe BOULLAND related to 2013/0110(COD)
Shadow opinions (2)
OPINION on the proposal for a directive of the European Parliament and of the Council amending Council Directives 78/660/EEC and 83/349/EEC as regards disclosure of non-financial and diversity information by certain large companies and groups
OPINION on the proposal for a directive of the European Parliament and of the Council amending Council Directives 78/660/EEC and 83/349/EEC as regards disclosure of non-financial and diversity information by certain large companies and groups
Amendments (30)
Amendment 21 #
Proposal for a directive
Recital 5
Recital 5
(5) It is also necessary to establish a certain minimum legal requirement as regards the extent of the information that should be made available to the public by undertakings across the Union. Annual reports should give a fair and comprehensive view of anthe policies, results, and risks of undertaking's policies, results, and riskand their branches, together with the precise purpose of their social investments.
Amendment 26 #
Proposal for a directive
Recital 6
Recital 6
(6) In order to enhance consistency and comparability of non-financial information disclosed throughout the Union, companies should be required to include in their annual report a non-financial statement containing information relating to at least environmental matters, social and employee-related matters, respect for human rights, anti-corruption and bribery matters. Such statement should include a description of the policies, results, and the risks related to those mattersprecise purpose of social investments, as well as the risks related to those matters, encompassing the entire supply chain.
Amendment 30 #
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, the Guiding Principles on Business and Human Rights implementing the UN “Protect, Respect and Remedy” Framework, 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, or on a set of quantifiable, sector-specific social criteria endorsed by the European Union under, for example, a ‘social labelling’ scheme.
Amendment 31 #
Proposal for a directive
Recital 5
Recital 5
(5) It is also necessary to establish a certain minimum legal requirement as regards the extent of the information that should be made available to the public by undertakings across the Union. Annual reports should give a fair and comprehensive view of an undertaking's policies, results, and risks, as well as of the precise purpose of its social investments and those of its subsidiaries.
Amendment 32 #
Proposal for a directive
Recital 6
Recital 6
(6) In order to enhance consistency and comparability of non-financial information disclosed throughout the Union, companies should be required to include in their annual report a non-financial statement containing information relating to at least environmental matters, social and employee-related matters, respect for human rights, anti-corruption and bribery matters. Such statement should include a description of the policies, and results, and the risks related to those mattersprecise purpose of social investments, as well as the risks related to those matters, including for the entire supply chain.
Amendment 32 #
Proposal for a directive
Recital 8 a (new)
Recital 8 a (new)
(8a) The requirement to disclose non- financial information calls for the setting up of EU-approved rating agencies to check, wherever necessary, the accuracy of the information disclosed.
Amendment 33 #
Proposal for a directive
Recital 9 a (new)
Recital 9 a (new)
(9a) Investor access to non-financial information should also help to channel investment into undertakings with high social standards.
Amendment 34 #
Proposal for a directive
Recital 9 b (new)
Recital 9 b (new)
(9b) The disclosure of non-financial information should make it possible to o implement a sustainable and inclusive investment strategy that includes a corporate social responsibility clause with concrete guidelines for investors, as well as an efficient assessment methodology for public authorities monitoring the social and environmental impact of the resulting investments;
Amendment 35 #
Proposal for a directive
Recital 7
Recital 7
(7) In providing this information, companies mayundertakings should 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, the Guiding Principles on Business and Human Rights implementing the UN “"Protect, Respect and Remedy”" Framework, 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 or on a set of quantifiable, sector-specific social criteria endorsed by the European Union under, for example, a ‘social labelling’ scheme.
Amendment 35 #
Proposal for a directive
Recital 10 a (new)
Recital 10 a (new)
(10a) The requirement to disclose non- financial information includes striking a balance between environmental results and social results, in order to ensure that such disclosure is in keeping with CSR principles and is not confined solely to environmental data.
Amendment 36 #
Proposal for a directive
Recital 9 a (new)
Recital 9 a (new)
(9a) Investor access to non-financial information should also help to channel investment into undertakings with high social standards.
Amendment 37 #
Proposal for a directive
Recital 9 b (new)
Recital 9 b (new)
(9b) The disclosure of non-financial information should make it possible to o implement a sustainable and inclusive investment strategy that includes a corporate social responsibility clause with concrete guidelines for investors, as well as an efficient assessment methodology for public authorities monitoring the social and environmental impact of the resulting investments;
Amendment 38 #
Proposal for a directive
Recital 10
Recital 10
(10) The European Council of 24 and 25 March 2011 called for the overall regulatory burden, in particular for small and medium-sized enterprises ("SMEs"), to be reduced at both European and national levels and suggested measures to increase productivity while the Europe 2020 Strategy for smart, sustainable and inclusive growth aims to improve the business environment for SMEs and to promote their internationalisation. Thus, according to the "think-small-first" principle, the disclosure requirements under Directive 78/660/EEC and Directive 83/349/EEC should only apply to certain large undertakings and groups. Nonetheless, strong incentives, such as tax breaks, could be introduced to encourage SMEs to disclose such information.
Amendment 39 #
Proposal for a directive
Recital 10 a (new)
Recital 10 a (new)
(10a) The requirement to disclose non- financial information includes striking a balance between environmental results and social results, in order to ensure that such disclosure is in keeping with CSR principles and is not confined solely to environmental data.
Amendment 42 #
Proposal for a directive
Recital 14 a (new)
Recital 14 a (new)
(14a) The requirement to disclose non- financial information calls for the setting up of EU-approved rating agencies to check, wherever necessary, the accuracy of the information disclosed.
Amendment 45 #
Proposal for a directive
Recital 17 a (new)
Recital 17 a (new)
(17a) Non-financial information disclosure could be included among the contract award criteria when the Public Procurement Directive is next revised.
Amendment 45 #
Proposal for a directive
Recital 17 a (new)
Recital 17 a (new)
(17a) Non-financial information disclosure could be included among the contract award criteria when the Public Procurement Directive is next revised.
Amendment 46 #
Proposal for a directive
Recital 17 b (new)
Recital 17 b (new)
(17b) This Directive may be revised to include SMEs.
Amendment 48 #
Proposal for a directive
Article 1 – paragraph 1 – point a
Article 1 – paragraph 1 – point a
Directive 78/660/CEE
Article 46 – paragraph 1 – point b – subparagraph 1
Article 46 – paragraph 1 – point b – subparagraph 1
For companies whose average number of employees during the financial year exceeds 500 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 leastequally to environmental, social and employee matters, respect for human rights, anti- corruption and bribery matters, including:
Amendment 49 #
Proposal for a directive
Article 1 – paragraph 1 – point a
Article 1 – paragraph 1 – point a
Directive 787/660/CEE
Article 46 – paragraph 1 – point b – subpoint i a (new)
Article 46 – paragraph 1 – point b – subpoint i a (new)
(ia) The precise purpose of social investments.
Amendment 51 #
Proposal for a directive
Article 1 – paragraph 1 – point a
Article 1 – paragraph 1 – point a
Directive 78/660/CEE
Article 46 – paragraph 1 – point b – subparagraph 3
Article 46 – paragraph 1 – point b – subparagraph 3
In providing such information the company may rely on national, EU-based or international frameworks or on a set of quantifiable, sector-specific social criteria endorsed by the European Union under, for example, a ‘social labelling’ scheme, and, if so, shall specify which frameworks it has relied upon.
Amendment 51 #
Proposal for a directive
Article 1 – paragraph 1 – point 1 – point a
Article 1 – paragraph 1 – point 1 – point a
Directive 78 / 660/ CEE
Article 46 – paragraph 1 – point b
Article 46 – paragraph 1 – point b
For companies whose average number of employees during the financial year exceeds 500 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 leastnot only environmental, but also social and employee matters, as well as respect for human rights, anti- corruption and bribery matters, including:
Amendment 54 #
Proposal for a directive
Article 2 – paragraph 1 – point a
Article 2 – paragraph 1 – point a
Directive 83/349/CEE
Article 36 – paragraph 1 – subparagraph 1
Article 36 – paragraph 1 – subparagraph 1
The consolidated annual report shall include a fair review of the development and performance of the business and of the position of the undertakings included in the consolidation taken as a whole, together with a description of the principal risks and uncertainties that they face, including the entire supply chain.
Amendment 55 #
Proposal for a directive
Article 2 – paragraph 1 – point a
Article 2 – paragraph 1 – point a
Directive 83/349/CEE
Article 36 – paragraph 1 – subparagraph 3
Article 36 – paragraph 1 – subparagraph 3
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 leastequally to environmental, social and employee matters, respect for human rights, anti- corruption and bribery matters, including the following:
Amendment 56 #
Proposal for a directive
Article 1 – paragraph 1 – point 1 – point a
Article 1 – paragraph 1 – point 1 – point a
Directive 78 / 660/CEE
article 46 – paragraph 1 – point b– subpoint iii a (new)
article 46 – paragraph 1 – point b– subpoint iii a (new)
the precise purpose of its social investments.
Amendment 57 #
Proposal for a directive
Article 2 – paragraph 1 – point a
Article 2 – paragraph 1 – point a
(ia) The precise purpose of social investments.
Amendment 61 #
Proposal for a directive
Article 1 – paragraph 1 – point 1 – point a
Article 1 – paragraph 1 – point 1 – point a
Directive 78/660/EEC
Article 46 – paragraph 1 – point b – subparagraph 3
Article 46 – paragraph 1 – point b – subparagraph 3
In providing such information the company may rely on national, EU-based or international frameworks or on a set of quantifiable, sector-specific social criteria endorsed by the European Union under, for example, a ‘social labelling’ scheme and, if so, shall specify which frameworks it has relied upon.
Amendment 75 #
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 1
Article 36 – paragraph 1 – subparagraph 1
The consolidated annual report shall include a fair review of the development and performance of the business and of the position of the undertakings included in the consolidation taken as a whole, together with a description of the principal risks and uncertainties that they face, encompassing the entire supply chain.
Amendment 81 #
Proposal for a directive
Article 2 – point 1 – point a
Article 2 – point 1 – point a
Directive 83/349/CEE
Article 36 – paragraph 1 – subparagraph 3
Article 36 – paragraph 1 – subparagraph 3
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 leastnot only environmental but also social and employee matters, as well as respect for human rights, anti- corruption and bribery matters, including the following:
Amendment 83 #
Proposal for a directive
Article 2 – point 1 – point a
Article 2 – point 1 – point a
Directive 83/349/CEE
Article 36 – paragraph 1 – point a – subparagraph 3 – subpoint iii a(new)
Article 36 – paragraph 1 – point a – subparagraph 3 – subpoint iii a(new)
the precise purpose of its social investments.