EU directive on Sustainability reporting adopted

The Parliament accepted today the Government’s proposal to adopt the EU-directive on non-financial reporting for larger enterprises. Though several parties wanted to raise the bar from 250 employees to 500 (according to the directive) the Christian Democrats and the Center Party provided support to the red-green government.
I have met several large companies in the South-East of Sweden that has no sustainability reporting today. They often perform well but lacks transparency – they should tell more about their sustainability performance. It will be exciting to support these companies to start with the reporting process. Sustainability reporting is not a burden – it is a competitive advantage.