The outcome
Companies are expected to explain to what extent the objectives have been achieved and what are the actual outcomes of the policies
Legal base
Article 1 of the DIRECTIVE sets out that the non-financial statement contains information including: c. "the outcome of those policies;"
A company may consider including specific disclosures explaining:
- Actual carbon emissions, or carbon intensity, comparison vs. targets, evolution over time (or for instance: actual use of hazardous chemicals, substances of very high concern, or biocides in its products, operations or supply chain);
- Mitigating effects of policies implemented;
- Plans to reduce carbon emissions.
The non-financial information disclosed by companies should help the measuring, monitoring and managing of their performance
Relevant disclosures on outcomes of policies may provide useful information as regards strengths and vulnerabilities of a company. Companies are expected to provide material information explaining the outcome of the business processes stemming from those policies in the reporting period. The non-financial statement should reflect the results of a company's operations and activities. Companies are expected to explain outcomes in a fair, comprehensive and useful manner.
Companies may consider explaining how financial and non-financial outcomes relate, and how this relation is measured and managed over time.