Publication Date:
2022
abstract:
The demand for better non-financial information is increasing and is driven in part by investors who need to better understand the financial risks stemming from the sustainability crises we face. This study examines the international literature on the behavior, aspirations, and contributions of stakeholders with regard to non-financial disclosure, analyzing the first studies launched after issuance of Directive 2014/95/EU, Non-Financial Reporting Directive.
In particular, it analyzes the study commissioned by the Department of Business, Energy and Industrial Strategy (BEIS) in the United Kingdom on the behavior of companies and stakeholders after the implementation of the new regulations, and the comments of stakeholders who participated at the public consultation on the revision of EU Directive.
These first studies confirm that the non-financial information currently disclosed by companies does not adequately meet the needs of stakeholders
In particular, it analyzes the study commissioned by the Department of Business, Energy and Industrial Strategy (BEIS) in the United Kingdom on the behavior of companies and stakeholders after the implementation of the new regulations, and the comments of stakeholders who participated at the public consultation on the revision of EU Directive.
These first studies confirm that the non-financial information currently disclosed by companies does not adequately meet the needs of stakeholders
Iris type:
2.1 Contributo in volume (Capitolo o Saggio)
Keywords:
stakeholder accountability; Non-financial Disclosure; sustainability reporting
List of contributors:
Vallone, C
Book title:
Nonfinancial disclosure and Integrated Reporting: theoretical framework and empirical evidence