Civil society and trade unions have urged the European Commission to introduce new regulation requiring companies in both industrialized and developing countries to report on their environmental, social, human rights and governance impacts.
The Global Reporting Initiative, the European Coalition for Corporate Justice, and the European Trade Union Confederation made the calls as the Commission closed its consultation on non-financial disclosure by companies.
See http://www.globalreporting.org/NewsEventsPress/PressResources/2011/Unitedcallformandatorycompanyreporting.htm.