Directive 2014/95/EU obliges certain large undertakings to include a non-financial statement in their annual directors’ report. It also obliges large listed companies to include a diversity report in their annual corporate governance statement.
The deadline for transposition is 6 December and the Directive is to apply to financial years beginning on or after 1 January 2017.
My Department intends to transpose Directive 2014/95/EU into Irish law by way of Ministerial Regulations. It is currently preparing draft Regulations for settlement with the Office of the Parliamentary Counsel, with a view to meeting the transposition deadline.