Parliament committee backs draft CSR rules

The legal affairs committee has backed new corporate reporting rules and went further than the EU executive’s original proposal in some areas

The European Parliament’s legal affairs committee backed proposed new corporate reporting rules in a vote on Tuesday and went further than the European Commission’s original proposal in some areas.

The commission wants all firms with more than 500 employees and a net turnover of €40m to report their social and environmental impacts under the new corporate social responsibility (CSR) directive.

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