Social Reporting from Voluntaristic Approach to EU Mandatory Regulation
- Autores: Stefano Scarcella Prandstraller
- Localización: Corporate Heritage: Communication and Impacton Organizations, Stakeholders, and Society: A Transdisciplinary Research Perspective / coord. por Valentina Martino, José María Herranz de la Casa; Alberto Marinelli (pr.), 2025, ISBN 978-88-9377-410-9, págs. 365-376
- Idioma: inglés
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Resumen
In the matter of social reporting, European Union from 2001 to the present day followed a path from a completely voluntary approach (Green Book on CSR, 2001) to an always stricter mandatory regulation (NFRD, 2014/95/UE), until non-financial reporting obligation is extended to all companies listed on the stock exchange, whatever their size, and with an unique compulsory reporting frame, the ESRS of EFRAG (CSRD, 2022/2464/UE). This path is neither spontaneous, nor due to any particular sensitivity or sincere commitment to social and environmental matters but dictated by the complete submission of EU Institutions to the interests of financial capitalism and needs of large investors. In their perspective, companies are seen as mere contestable objects on the market, without any consideration of their identity, values, culture and heritage, and an easy and comparable availability of their sustainability reporting data is a tool for a more profitable planning of financial speculations.
