The QCA Corporate Governance and Financial Reporting Committees examined this consultation that explores whether the European Commission should mandate reporting by listed companies on non-financial information (e.g. social and environmental reporting). Our response noted that we believe there is room to improve social and environmental reporting by companies. However we do not believe that this should be achieved by implementing mandatory and strict requirements on what should be reported for fear that this could lead to more boilerplate and immaterial disclosures by companies.
QCA Response to European Commission's Disclosure on Non-Financial Information Consultation
The QCA Corporate Governance and Financial Reporting Committees examined this consultation that explores whether the European Commission should mandate reporting by listed companies on non-financial information (e.g. social and environmental reporting).
