Environmental Corporate Reporting under eu Law: Historic Achievement or Just a Moderate Step Forward?

In: Journal for European Environmental & Planning Law

This article deals with legal aspects of sustainable reporting in the eu. It explores the state of affairs in sustainability reporting regulation and points out recent increased support for integrated reporting by the eu institutions, which lead to the newly adopted Directive 2014/95/eu that obliged the Member States to adopt implementing regulation by 6 December 2016. Consequently large companies within its scope need to adjust their reporting as of their 2017 financial year. The article assesses its achievements as well as points out some missed opportunities of the Directive by deliberating legal alternatives for more effective regulation of non-financial reporting in the future.