ABSTRACT
This chapter discusses the implications of Article 11 for company law, and focuses on companies reporting requirements and especially whether changes in the Union's reporting requirements for business entities are necessary to fulfil the duties set out by Article 11. According to Article 11 of the Treaty on the Functioning of the European Union (TFEU), environmental protection requirements is integrated into the definition and implementation of the Union's policies and activities, in particular with a view to promoting sustainable development. The chapter explores the European Union (EU) developments and how these are likely to be affected by the external progress towards integrated reporting. The purpose of integrated reporting is to recognise and report on different aspects of firm performance, including and beyond the financial aspects, and to show how these different aspects interact. The published Framework seeks to explain the relationship between the integrated report and other reports and communications, such as financial reports and sustainability reports.
