Just read on Twitter, @Eurosif and many others (below I’ve collected some tweets) are twitting the link of the press release.
Maybe a milestone for ESG-driven investors and SRI in general? I think so!
They say the required companies (required to disclose ESG info) are the ones with more than 500 employees. And they also say there’s some flexibility in the way those companies will have to disclose about social, environmental and governance aspects.
It seems almost nice to me, and peculiar, that the press release comes the day itself on which the Consultation Draft of the International Integrated Reporting Framework starts (deadline July 15).
The framework is the next step. Flexibility is a good thing, too much flexibility is not, since it means no chance to make comparison.
..Oops: @EIRISnews twitted the same thing I wrote down in this post, same time 🙂