This Directive establishes a certain minimum legal requirement as regards the extent of the information that should be made available to the public and authorities by undertakings across the Union. The Directive requires large undertakings to prepare non-financial statements containing information relating to at least environmental matters, social and employee-related matters, respect for human rights, anti-corruption and bribery matters, which should also include a description of the policies, outcomes and risks related to those matters and should be included in the management report.
The non-financial statement should also include information on the due diligence processes implemented by the undertaking, also regarding, where relevant and proportionate, its supply and subcontracting chains, in order to identify, prevent and mitigate existing and potential adverse impacts. It should be possible for Member States to exempt undertakings which are subject to this Directive from the obligation to prepare a non-financial statement when a separate report corresponding to the same financial year and covering the same content is provided.
