MEPs approved a non-legislative report on sustainable corporate governance prepared by Pascal Durand (Renew Europe, France). They welcome the Commission’s commitment to reviewing the Non- Financial Reporting Directive (NFRD) and reiterate their call to widen its scope to cover all listed and non-listed large undertakings. The EP calls for a mandatory EU framework to cover a full array of sustainability issues related to non-financial reporting. Non-financial statements should also be subject to a mandatory audit. MEPs also call on the Commission to present a legislative proposal to ensure that directors’ duties include the long-term interest of the company and wider societal interests.
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