{"id":42371,"date":"2012-11-21T08:51:14","date_gmt":"2012-11-21T09:51:14","guid":{"rendered":"http:\/\/www.corporate-eye.com\/blog\/?p=42371"},"modified":"2021-01-07T19:10:33","modified_gmt":"2021-01-07T18:10:33","slug":"mandatory-csr-eu","status":"publish","type":"post","link":"https:\/\/www.corporate-eye.com\/main\/mandatory-csr-eu\/","title":{"rendered":"More on Mandatory CSR in the EU"},"content":{"rendered":"

\"\"<\/a>Back in January I wrote about how I believed mandatory CSR reporting was going to come into the EU’s regulatory frame work under the auspices of the Single Market Act<\/a> (SMA), which is on schedule for adoption by the end of this year.<\/p>\n

In brief, the EU has said it by 2014 it will provide a \u201clegislative proposal on the transparency of the social and environmental information provided by businesses\u201d which apply to large companies, such as those with over 1,000 employees.\u00a0 Read New CSR Regulation Coming Your Way for more details<\/a>.<\/p>\n

Now, it may have skipped your notice but this month saw the 20th anniversary of the EU’s Single Market<\/a> (the Maastricht Treaty, when the EEC became the EC).\u00a0 To celebrate it the EU launched a debate entitled “Europe, Wake Up!\u00a0 We will only return to growth and prosperity if we complete the the Single Market”, including this video<\/a> and this Google hangout<\/a>.<\/p>\n

In the best tradition of Hollywood slasher\/romcom\/fantasy flicks (delete as appropriate) it also launched SMA The Sequel, more properly known as the Single Market Act II<\/a>.<\/p>\n

This addresses several key areas for which the European Commission considers to be priorities for rapid adoption to try and stimulate the EU out of the current economic crisis.\u00a0 Proposals in these areas will be put forward in 2012-14.<\/p>\n

<\/p>\n

Those areas are:<\/p>\n