22 Amendments of Olle LUDVIGSSON related to 2013/0110(COD)
Amendment 55 #
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-worker- 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 58 #
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-worker- 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 61 #
Proposal for a directive
Recital 6 a (new)
Recital 6 a (new)
(6a) On worker-related matters, undertakings should in this information be specifically clear regarding the respect for workers' right to be informed and consulted, to negotiate and conclude collective agreements and to take collective action.
Amendment 63 #
Proposal for a directive
Recital 6 b (new)
Recital 6 b (new)
(6b) Throughout an undertaking's supply chain – including suppliers, subcontractors and other business partners – there could be substantial risks to the undertaking itself, its customers and the wider society. It is therefore important that undertakings carry out careful due diligence operations – at least with regard to environmental matters, social and worker-related matters, respect for human rights, anti-corruption and bribery matters – covering the whole supply chain and that they disclose the objectives and results of those operations. With regards to groups, all supply chains should be covered.
Amendment 64 #
Proposal for a directive
Recital 6 b (new)
Recital 6 b (new)
(6b) On worker-related matters, undertakings should in this information be specifically clear regarding the respect for workers' right to be informed and consulted, to negotiate and conclude collective agreements and to take collective action.
Amendment 69 #
Proposal for a directive
Recital 6 g (new)
Recital 6 g (new)
(6g) Throughout an undertaking's supply chain – including suppliers, subcontractors and other business partners – there could be substantial risks to the undertaking itself, its customers and the wider society. It is therefore important that undertakings carry out careful due diligence operations – at least with regard to environmental matters, social and worker-related matters, respect for human rights, anti-corruption and bribery matters – covering the whole supply chain and that they disclose the objectives and results of those operations. With regards to groups, all supply chains should be covered.
Amendment 76 #
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 andbalance sheet total and net turnover. SMEs should be exempted from additional requirements, and the obligation to disclose a non-financial statement in the mannualagement 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 millionlarge undertakings and parent undertakings of large groups, following the categorisation set out in Article 3 of Directive 2013/34/EU.
Amendment 85 #
Proposal for a directive
Recital 15
Recital 15
(15) Diversity of competences and views of the members of administrative, management and supervisory bodies of companieundertakings facilitates a good understanding of the business organisation and affairs. It enables members of these bodies to exercise a constructive challenge of the management decisions and to be more open to innovative ideas, addressing the similarity of views of members, the ‘"group- think’" phenomenon. It contributes thus to effective oversight of the management and a successful governance of the company. It would therefore be important to enhance transparency regarding the diversity policy companies have in place. This would inform the market of corporate governance practices and thus put indirect pressure on companies to have more diversified boards. In this context, employee representation in management bodies could, by adding a key perspective and genuine knowledge of the internal workings of undertakings, be seen as a positive way of enhancing diversity.
Amendment 87 #
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 aspects such as age, gender, geographical diversityprovenance, 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 obligationand employee representation should only apply to large undertakings. Disclosure of the diversity policy should be part of the corporate governance statement, as laid down by Article 46a20 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 case2013/34/EU.
Amendment 90 #
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 andbalance sheet total and net turnover. SMEs should be exempted from additional requirements, and the obligation to disclose a non-financial statement in the mannualagement 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 millionlarge undertakings and parent undertakings of large groups, following the categorisation set out in Article 3 of Directive 2013/34/EU.
Amendment 91 #
Proposal for a directive
Recital 16 a (new)
Recital 16 a (new)
(16a) In order to further enhance transparency, and in line with the conclusions of the European Council of 22 May 2013, the revision of Directive 2013/34/EU should also include an extension of the scope of country-by- country reporting obligations so that they apply to all large undertakings and groups and all public-interest entities.
Amendment 102 #
Proposal for a directive
Recital 15
Recital 15
(15) Diversity of competences and views of the members of administrative, management and supervisory bodies of companieundertakings facilitates a good understanding of the business organisation and affairs. It enables members of these bodies to exercise a constructive challenge of the management decisions and to be more open to innovative ideas, addressing the similarity of views of members, the ‘"group- think’" phenomenon. It contributes thus to effective oversight of the management and a successful governance of the company. It would therefore be important to enhance transparency regarding the diversity policy companies have in place. This would inform the market of corporate governance practices and thus put indirect pressure on companies to have more diversified boards. In this context, employee representation in management bodies could, by adding a key perspective and genuine knowledge of the internal workings of undertakings, be seen as a positive way of enhancing diversity.
Amendment 106 #
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 diversityprovenance, 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 obligationand employee representation should only apply to large undertakings. Disclosure of the diversity policy should be part of the corporate governance statement, as laid down by Article 46a20 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 case2013/34/EU.
Amendment 109 #
Proposal for a directive
Recital 16 a (new)
Recital 16 a (new)
(16a) In order to further enhance transparency, and in line with the conclusions of the European Council of 22 May 2013, the revision of Directive 2013/34/EU should also include an extension of the scope of country-by- country reporting obligations so that they apply to all large undertakings and groups and all public-interest entities.
Amendment 142 #
Proposal for a directive
Article 1 – point 3 a – point a (new)
Article 1 – point 3 a – point a (new)
Directive 2013/34/EU
Article 19 – paragraph 1
Article 19 – paragraph 1
Amendment 147 #
Proposal for a directive
Article 1 – point 3 b – point a (new)
Article 1 – point 3 b – point a (new)
Directive 2013/34/EU
Article 20 – paragraph 1 – point fa (new)
Article 20 – paragraph 1 – point fa (new)
(3b) Article 20 is amended as follows: (a) In paragraph 1, the following point is added: '(fa) a description of the undertaking's diversity policy for its administrative, management and supervisory bodies with regard to aspects such as age, gender, integration of people with disabilities, educational and professional background and employee representation, the objectives of the diversity policy, the way in which it has been implemented and the results in the reporting period.'
Amendment 150 #
Proposal for a directive
Article 1 – point 3 c – point a (new)
Article 1 – point 3 c – point a (new)
(3c) Article 29 is amended as follows: (a) The following paragraph 1a is added: '1a. For the purposes of paragraph 1 of this Article, the review of parent undertakings of a large group shall also include a non-financial statement containing information relating to at least environmental, social and worker matters, respect for human rights, anti-corruption and bribery matters, including: (i) a description of the policy pursued by the group in relation to these matters; (ii) the results of these policies, including descriptions of deviations from and violations of the policies and the action taken to handle such events; (iii) the risks related to these matters and how the group manages those risks; (iv) a description of the objectives and results of the due diligence operations that are carried out by the group in order to ensure that policies are applied and risks are managed throughout its supply chains, including suppliers, subcontractors and other business partners. Where the group does not pursue policies in relation to one or more of these matters, the review shall provide a clear and substantial explanation for not doing so. In providing the information set out in the first subparagraph, the parent undertaking shall rely on national, EU- based or international frameworks and shall specify which frameworks it has relied upon. To the extent necessary for an understanding of the group's development, performance or position, the analysis shall include both financial and non- financial key performance indicators relevant to the particular business. In providing the analysis, the review shall, where appropriate, include references to, and additional explanations of, amounts reported in the annual financial statements.'
Amendment 152 #
Proposal for a directive
Article 1 – point 3 d (new)
Article 1 – point 3 d (new)
Directive 2013/34/EU
Article 42 – paragraph 1
Article 42 – paragraph 1
(3d) Article 42 is amended as follows: (a) Paragraph 1 is replaced by the following: 'Member States shall require large undertakings and all public-interest entities to prepare and make public a report on payments made to governments on an annual basis.'
Amendment 153 #
Proposal for a directive
Article 1 – point 3 e (new)
Article 1 – point 3 e (new)
Directive 2013/34/EU
Article 44 – paragraph 1
Article 44 – paragraph 1
(3e) Article 44 is amended as follows: (a) Paragraph 1 is replaced by the following: '1. A Member State shall require any large undertaking or any public-interest entity governed by its national law to draw up a consolidated report on payments to governments in accordance with Articles 42 and 43 if that parent undertaking is under the obligation to prepare consolidated financial statements as laid down in Article 22(1) to (6).'
Amendment 182 #
Proposal for a directive
Article 2 a (new) – point d
Article 2 a (new) – point d
Directive 2013/34/EU
Article 19 – paragraph 1
Article 19 – paragraph 1
Amendment 190 #
Proposal for a directive
Article 2 a (new) – point e
Article 2 a (new) – point e
Directive 2013/34/EU
Article 20 – paragraph 1 – point f a (new)
Article 20 – paragraph 1 – point f a (new)
(e) In Article 20(1), the following point is added: '(fa) a description of the undertaking's diversity policy for its administrative, management and supervisory bodies with regard to gender and other aspects such as age, integration of people with disabilities, educational and professional background and employee representation, the objectives of the diversity policy, the way in which it has been implemented and the results in the reporting period.'
Amendment 197 #
Proposal for a directive
Article 2 a (new) – point f
Article 2 a (new) – point f
Directive 2013/34/EU
Article 29 – paragraph 1 a (new)
Article 29 – paragraph 1 a (new)