EU-Consultation on Non-Binding Guidelines Regarding the CSR-Directive

Deutsches Aktieninstitut participated at the EU-Commission´s Online Consultation preparing the non-binding guidelines for the CSR-Directive. The consultation was open until 15 April. Deutsches Aktieninstitut emphasizes that the planned guidelines should not become a new European standard for non-financial reporting. Therefore, the EU-Commission should restrain itself from defining reporting aspects like for example business model within the guidelines. In particular it is important for companies to be able to continue working with already existing standards. As far as possible the guidelines should refer to existing reporting frameworks. No clarifications by the European guidelines are needed regarding the companies´ reporting on diversity policies in boards because the rules on diversity reporting are already codified in the national Corporate Governance Codices.

If you are interested in the comments of Deutsches Aktieninstitut on the Non-Binding-Guidelines please contact Dr. Uta-Bettina von Altenbockum (altenbockum(at)dai.de).