Question

Pregunta 1 0.75 pts Which of the following statements regarding the EU regulation on non-financial reporting is FALSE? Companies must disclose their policies on how they contribute to foster diversity in their boards of directors in terms of age, gender, educational, and professional background Companies must discose information on the policies related to environmental protections and the respect of human rights Any company incorporated in the European Union must disclose certain information on the way they develop a responsible approach to business Companies must disclose information on how they implement anti-corruption policies

Answer 1

Question 1

Answer is Option 3

Under Directive 2014/95/EU, large companies have to publish reports on the policies they implement in relation to

• environmental protection
• social responsibility and treatment of employees
• respect for human rights
• anti-corruption and bribery
• diversity on company boards (in terms of age, gender, educational and professional background)

It does not state that every company incorporated in the EU must disclose certain information on the way they develop a responsible approach to business.

Question 2

Answer is Option 2

EU directives on non-financial reporting only apply to large public-interest companies with more than 500 employees. Public interest companies include:-

• listed companies
• banks
• insurance companies
• other companies designated by national authorities as public-interest entities

Hence it has a scope wider than listed companies.