Directive 2014/95/EU on disclosure of non-financial and diversity information—snapshot
Produced in partnership with Ardea International (previously CLT Envirolaw)
Directive 2014/95/EU on disclosure of non-financial and diversity information—snapshot

The following Environment guidance note Produced in partnership with Ardea International (previously CLT Envirolaw) provides comprehensive and up to date legal information covering:

  • Directive 2014/95/EU on disclosure of non-financial and diversity information—snapshot
  • Background and policy context
  • Development of the Non-Financial Reporting Directive
  • Adoption of the Non-Financial Reporting Directive
  • Scope of the Non-Financial Reporting Directive
  • Provisions amending Directive 2013/34/EU
  • Guidance, review and growth in transparency requirements
  • Implementation in England and Wales

Brexit impact

As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has entered an implementation period, during which it continues to be subject to EU law. This has an impact on this content.

For further guidance, see: Brexit—impact on environmental law and Brexit Bulletin—key updates, research tips and resources.

Title Directive 2014/95/EU of the European Parliament and of the Council of 22 October 2014 amending Directive 2013/34/EU as regards disclosure of non-financial and diversity information by certain large undertakings and groups Text with EEA relevance (Non-Financial Reporting Directive).
Entry into Force 5 December 2014
Deadline for Transposition 6 December 2016
England and Wales Implementation The Companies, Partnerships and Groups (Accounts and Non-Financial Reporting) Regulations 2016, SI 2016/1245.
Subject Environmental and social reporting

Background and policy context

On 13 April 2011, the European Commission (EC) adopted the Communication Single Market Act—12 levers to boost growth and strengthen confidence—Working together to create new growth. In it, the EC identified the need to