14 Amendments of Marlene MIZZI related to 2013/0110(COD)
Amendment 49 #
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 and other authorities by undertakings across the Union. Annual reports should give a fair and comprehensive view of an undertaking's policies, results, and risks.
Amendment 57 #
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, gender 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.
Amendment 62 #
Proposal for a directive
Recital 6 a (new)
Recital 6 a (new)
(6a) Any incidents of note, both at company and supply chain level during the corresponding reporting period shall be duly disclosed and reported in accordance to verifiable national and European standards;
Amendment 65 #
Proposal for a directive
Recital 6 b (new)
Recital 6 b (new)
(6b) In cases where the undertaking fails to comply with the necessary requirements of non-financial reporting, it must give a clear, precise and verifiable explanation for the lack of such compliance and of the measures it intends to take in order to address such situations in the near future;
Amendment 68 #
Proposal for a directive
Recital 7
Recital 7
(7) In providing this information, companies mayshall 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.
Amendment 70 #
Proposal for a directive
Recital 7 a (new)
Recital 7 a (new)
(7a) When disclosing non-financial information, undertakings, shall clearly state which frameworks and/or guidelines were used in the compilation of such information;
Amendment 82 #
Proposal for a directive
Recital 11
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 2500, and exceed either a balance sheet total of EUR 20 million or a net turnover of EUR 40 million.
Amendment 102 #
Proposal for a directive
Article 1 – point 1 – point a
Article 1 – point 1 – point a
Directive 78/660/EEC
Article 46 – paragraph 1 – point b – subparagraph 1
Article 46 – paragraph 1 – point b – subparagraph 1
(b) For companies whose average number of employees during the financial year exceeds 2500 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, gender and employee matters, respect for human rights, anti- corruption and bribery matters, including:
Amendment 122 #
Proposal for a directive
Article 1 – point 1 – point a
Article 1 – point 1 – point a
Directive 78/660/EEC
Article 46 – paragraph 1 – point b– subparagraph 2
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 clear and verifiable explanation for not doing so.
Amendment 136 #
Proposal for a directive
Article 1 – point 2 – point a
Article 1 – point 2 – point a
Directive 78/660/EEC
Article 46 a – paragraph 1 – point g
Article 46 a – paragraph 1 – point g
(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 and verifiable explanation as to why this is the case.
Amendment 141 #
Proposal for a directive
Article 1 – point 3 a (new) – point a
Article 1 – point 3 a (new) – point a
Directive 2013/34/EU
Article 18 – paragraph 2
Article 18 – paragraph 2
(3a)Article 18 is amended as follows: (a) The following paragraph is inserted: '2a. In the notes to the financial statements large undertakings and all public-interest entities shall disclose, specifying by Member State and by third country in which it has an establishment, the following information on a consolidated basis for the financial year: a) name(s), nature of activities and geographical location; b) turnover; c) number of employees on a full time equivalent basis; d) value of assets and annual cost of maintaining those assets; e) sales and purchases; f) profit or loss before tax; g) tax on profit or loss; h) public subsidies received; i) parent companies shall provide a list of subsidiaries operating in each Member State or third country alongside the relevant data.’
Amendment 164 #
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
Article 36 – paragraph 1 – subparagraph 3
For parent undertakings of undertakings to be consolidated that together exceed an average number of 2500 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, gender and employee matters, respect for human rights, anti- corruption and bribery matters, including the following:
Amendment 178 #
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 4
Article 36 – paragraph 1 – 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 clear and verifiable explanation for not doing so.
Amendment 181 #
Proposal for a directive
Article 2 – point 1 – point a
Article 2 – point 1 – point a
Directive 83/349/EEC
Article 31 – paragraph 1 – subparagraph 5
Article 31 – paragraph 1 – subparagraph 5
In providing such information the consolidated annual report mayshall rely on national, EU-based or international frameworks and if so, shallmust specify which frameworks it has relied upon.