Activities of Malcolm HARBOUR related to 2013/0110(COD)
Shadow opinions (1)
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 (7)
Amendment 24 #
Proposal for a directive
Recital 3 a (new)
Recital 3 a (new)
(3a) With regard to measures on gender diversity at board level, this Directive is without prejudice to the Capital Requirements Directive of the European Parliament and the European Council (2013/36/EU) and the Directive on improving the gender balance among non-executive directors of companies listed on stock exchanges and related measures (XXXX/XX/EU).
Amendment 27 #
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. Furthermore, the Commission should issue non-binding guidelines to clarify which of the aforementioned models are best suited to specific types of non-financial reporting information. This would ensure that companies falling within the scope of this Directive make use of these models consistently across the Single Market. These Commission guidelines would furthermore simplify the drawing of comparisons between companies in accordance with Recital 6.
Amendment 32 #
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, and limited to companies listed on stock exchanges. 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 listed 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.
Amendment 40 #
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 1 – introductory part
Article 46 – paragraph 1 – point b – subparagraph 1 – introductory part
For publicly listed 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 least environmental, social and employee matters, respect for human rights, anti- corruption and bribery matters, including:
Amendment 46 #
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 and, if so, shall specify which frameworks it has relied upon. In respect of these frameworks, no later than 24 months after the publication of this Directive, the European Commission shall issue non-binding guidelines on the relevance of specific frameworks to specific types of non-financial reporting, with the aim of simplifying comparisons in non-financial reporting across the Single Market. The European Commission shall draw up these guidelines following consultations with Member States, National Regulatory Authorities, businesses and civil society organisations.
Amendment 64 #
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 publicly listed 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, including the following:
Amendment 71 #
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 may rely on national, EU-based or international frameworks and if so, shall specify which frameworks it has relied upon. In respect of these frameworks, no later than 24 months after the publication of this Directive, the European Commission shall issue non-binding guidelines on the relevance of specific frameworks to specific types of non-financial reporting, with the aim of simplifying comparisons in non-financial reporting across the Single Market. The European Commission shall draw up these guidelines following consultations with Member States, National Regulatory Authorities, businesses and civil society organisations.