Sustainability becomes increasingly important and reporting on ESG (environmental, social and governance) becomes mandatory in the Management report to underline transparently the continuity of the businesses. A common standard is launched by the European Commission under the name of CSRD.
Law of September, 3rd 2017
Belgium has translated the European Directive related to the publication of non-financial information and diversity information for some large entities in the law of September, 3rd 2017. This law amends article 96 of the company code concerning the management report content.