[ParlTrack]

Proposal for a directive
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.deleted

2013/10/24
Committee: EMPL

Philippe DE BACKER

Proposal for a directive
Recital 6

(6) ~~In order to enhance consistency and comparability of non-financial information disclosed throughout the Union, companies should be required to~~When relevant, companies can 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 matters.

2013/10/24
Committee: EMPL

Philippe DE BACKER

Proposal for a directive
Recital 11

(11) The scope of these non-financial disclosure requirements should be defined by reference to the average number of employees, total assets and turnover. SMEs should be exempted from additional requirements, and the obligation to disclose a non-financial statement in the annual report should only apply to those companies whose average number of employees exceeds 500, and exceed either a balance sheet total of EUR 20 million or a net turnover of EUR 40 million.deleted

2013/10/24
Committee: EMPL

Philippe DE BACKER

Proposal for a directive
Recital 12

(12) Some of the companies and groups falling under the scope of Directive 78/660/EEC and Directive 83/349/EEC already prepare non-financial reports on a voluntary basis. Those companies should not be subject to the obligation to provide a non-financial statement in the annual report, provided that the report corresponds to the same financial year, covers at least the same content required by this Directive, and is annexed to the annual report.deleted

2013/10/24
Committee: EMPL

Philippe DE BACKER

Proposal for a directive
Recital 16

(16) The obligation to disclose their diversity policies for their administrative, management and supervisory bodies with regard to aspects such as age, gender, geographical diversity, 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.deleted

2013/10/24
Committee: EMPL

Philippe DE BACKER

Proposal for a directive
Article 1 – paragraph 1 – point 1 – point a

Directive 78/660/EEC
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 shallWhen relevant, companies can 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, including:

2013/10/24
Committee: EMPL

Philippe DE BACKER

Proposal for a directive
Article 1 – paragraph 1 – point 1 – point a

Directive 78/660/EEC
Article 46 – paragraph 1 – point b – subparagraph 2

~~Where a company does not pursue policies in relation to one or more of these matters, it shall provide an explanation for not doing so.~~deleted

2013/10/24
Committee: EMPL

Philippe DE BACKER

Proposal for a directive
Article 1 – paragraph 1 – point 1 – point c

Directive 78/660/EEC
Article 46 – paragraph 1 – point c – subparagraph 5

A company which is a subsidiary company shall be exempt from the obligations set out in paragraph 1(b), if the company and its subsidiaries are consolidated in the financial statements and annual report of another company and that consolidated annual report is drawn up in accordance with Article 36(1) of Directive 83/349/EEC.deleted

2013/10/24
Committee: EMPL

Philippe DE BACKER

Proposal for a directive
Article 1 – paragraph 1 – point 1 – point b

Directive 78/660/EEC
Article 46 – paragraph 1 – point b– subparagraph 4

Where a company prepares a comprehensive report corresponding to the same financial year relying on national, EU-based or international frameworks and which covers the information provided for in paragraph 1(b), it shall be exempt from the obligation to prepare the non-financial statement set out in paragraph 1(b), provided that such report is part of the annual report.deleted

2013/10/24
Committee: EMPL

Philippe DE BACKER

Proposal for a directive
Article 1 – paragraph 1 – point 2 – point a

Directive 78/660/EEC
Article 46a – paragraph 1 – point g

a description of the company's diversity policy ~~for its administrative, management and supervisory bodies~~ with regard to aspects such as age, gender, geographical diversity, 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.~~

2013/10/24
Committee: EMPL

Philippe DE BACKER

Proposal for a directive
Article 2 – point 1 – point a

Directive 83/349 / EEC
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, tThe review ~~shall~~can 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, including the following:

2013/10/24
Committee: EMPL

Philippe DE BACKER

Proposal for a directive
Article 2 – point 1 – point a

Directive 83/349/EEC
Article 36 – paragraph 1 – point a – subparagraph 4

~~Where the undertakings included in the consolidation taken as a whole do not pursue policies in relation to one or more of these matters, the company shall provide an explanation for not doing so.~~deleted

2013/10/24
Committee: EMPL

Philippe DE BACKER

Proposal for a directive
Article 2 – point 1 – point b

Directive 83/349/EEC
Article 36 – paragraph 1 – point b – subparagraph 4

Where a parent undertaking prepares a comprehensive report corresponding to the same financial year, referring to the whole group of consolidated undertakings, relying on national, EU- based or international frameworks and covering the information provided for in the third subparagraph of paragraph 1, the parent undertaking shall be exempt from the obligation to prepare the non- financial statement set out in the third subparagraph of paragraph 1, provided that such comprehensive report is part of the consolidated annual report.deleted

2013/10/24
Committee: EMPL

Philippe DE BACKER

Proposal for a directive
Article 2 – point 1 – point b

Directive 83/349/EEC
Article 36 – paragraph 1 – point b – subparagraph 5

A parent undertaking which is also a subsidiary undertaking shall be exempt from the obligations set out in the third subparagraph of paragraph 1, if the exempted undertaking and its subsidiaries are consolidated in the financial statements and annual report of another undertaking, and that consolidated annual report is drawn up in accordance with the third subparagraph of paragraph 1.deleted

2013/10/24
Committee: EMPL

Activities of Philippe DE BACKER related to 2013/0110(COD)

Shadow opinions (1)

Amendments (14)

ParlTrack - 2011-2024