Local view for "http://purl.org/linkedpolitics/eu/plenary/2014-04-15-Speech-2-576-500"

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"en.20140415.76.2-576-500"2
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"This aim of this report is to establish the new disclosure rules applicable to companies on non-financial information, such as policies around diversity, their environmental impact and efforts made to tackle corruption. In its initial form this proposal was criticised by the EU Business Taskforce as being too burdensome. Conservative colleagues however, successfully moved the negotiations away from imposing costs on all large companies and towards instead a definition that limits its application to large listed companies. Various concessions from the left which will allow companies to focus their reporting on the areas that are of most relevance to their operations were also won. I therefore supported this proposal and voted in favour of the report as it stands, representing a solid first-reading agreement which balances the desire for greater transparency for investors and shareholders with the need to avoid blanket disclosures which make separating the signal from the noise near impossible."@en1
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