McGuinness: tailoring CSR rules to SMEs

EU Finance Commissioner Mairead McGuinness has defended the Commission’s proposal to extend the scope of the CSR Sustainability Reporting Directive to small and medium-sized enterprises. Otherwise, it would be difficult for listed SMEs to access funding, she told the European Parliament’s legal affairs committee on Thursday. The new rules are intended to provide investors with better information about companies’ social and environmental footprint.

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