Directive 2014/95: the disclosure of non-financial and diversity information.


11.07.2016 News

Further to the adoption of the Directive 2014/95 regarding the disclosure of non-financial and diversity information by certain large companies and groups.

Further to the adoption of the Directive 2014/95 regarding the disclosure of non-financial and diversity information by certain large companies and groups (the “Directive”), Member States of the European Union are currently in process of implementing the provisions of the Directive into their respective national laws. The Directive’s main objective is to increase EU Companies’ transparency and respect of environmental and social matters, and its application in Luxembourg, according to the draft bill of law 68/2015, is forecasted to be effective as from 1 January 2017.

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