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The United Nations Global Compact International Yearbook 2014

image of The United Nations Global Compact International Yearbook 2014
The aim of the Global Compact International Yearbook is to create a global overview of the achievements of the UN Global Compact (UNGC). The book offers proactive and in-depth information on key sustainability issues to stakeholders around the world and promotes unique and comprehensive knowledge exchange and learning in the spirit of the Global Compact principles. Thus the publication helps to advance transparency, promotes the sharing of best-practices, and, perhaps most significantly, gives a strong voice to the regional and global actors that are at the heart of the initiative.

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European Union introduces mandatory reporting

In April 2014 the European Parliament adopted the long-awaited directive on the disclosure of nonfinancial and diversity information by certain large companies, amending the 2013 Accounting Directive. The directive, which adopts a reportor-explain approach, introduces measures that will strengthen the transparency and accountability of an estimated 6,000 companies in the EU.

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