The EU Parliament has endorsed reduced reporting duties and due diligence requirements for companies.
Parliament members consider that only businesses employing on an average over 1,750 employees and with a net annual turnover of over €450 million should have to carry out social and environmental reporting.
Reporting standards would be further simplified and reduced, and smaller firms would be protected.
Parliament members consider that only businesses employing on an average over 1,750 employees and with a net annual turnover of over €450 million should have to carry out social and environmental reporting.
Reporting standards would be further simplified and reduced, and smaller firms would be protected.
