Recitals
- Recital (1)In its communication of 11 February 2025 entitled A simpler and faster Europe: Communication on implementation and simplification, the…
- Recital (2)In the context of the Commission’s commitment to reducing reporting burdens and enhancing competitiveness, it is necessary to amend…
- Recital (3)Given the change in the scope of undertakings to be subject to sustainability reporting requirements, it would be disproportionate to…
- Recital (4)Article 26a(1) of Directive 2006/43/EC requires Member States to ensure that statutory auditors and audit firms carry out the assurance of…
- Recital (5)Article 26a(3), second subparagraph, of Directive 2006/43/EC empowers the Commission to adopt reasonable assurance standards by 1 October…
- Recital (6)Article 45 of Directive 2006/43/EC requires the competent authorities of a Member State to register third-country auditors and audit…
- Recital (7)Article 19a(1) of Directive 2013/34/EU requires large undertakings, and small and medium-sized undertakings, except micro undertakings,…
- Recital (8)Article 1(3) of Directive 2013/34/EU specifies that insurance undertakings and credit institutions that are large undertakings or small and…
- Recital (9)For the purpose of ensuring coherence across sustainable finance legislation, it is important to consider whether requirements related to…
- Recital (10)Although the European Financial Stability Facility (EFSF) established by the EFSF Framework Agreement is exempt from the sustainability…
- Recital (11)Article 19(1), fourth subparagraph, of Directive 2013/34/EU requires large undertakings, and small and medium-sized undertakings, except…
- Recital (12)Article 19a(3) of Directive 2013/34/EU requires undertakings to report information about their own operations and about their value chain.…
- Recital (13)Given the change to the series of application dates set out in Directive (EU) 2022/2464, Directive 2013/34/EU should be amended to simplify…
- Recital (14)There are circumstances in which undertakings should, subject to assurance, be permitted to omit certain information when applying…
- Recital (15)Article 29c(1) of Directive 2013/34/EU empowers the Commission to adopt limited sustainability reporting standards specifying the…
- Recital (16)Article 19a(7) of Directive 2013/34/EU allows small and medium-sized undertakings, except micro undertakings, whose securities are admitted…
- Recital (17)Article 29a(1) of Directive 2013/34/EU requires parent undertakings of groups of a certain size to prepare and publish sustainability…
- Recital (18)Directive (EU) 2022/2464 requires certain undertakings to report sustainability information in accordance with mandatory European…
- Recital (19)When the composition of a group changes during the financial year due to the acquisition or merger of undertakings, integrating those…
- Recital (20)Article 29b(1), third subparagraph, of Directive 2013/34/EU empowers the Commission to adopt, by means of delegated acts, sector-specific…
- Recital (21)Article 29b(4) of Directive 2013/34/EU requires sustainability reporting standards not to specify disclosures that would require…
- Recital (22)The Commission should be empowered to adopt a delegated act to provide for sustainability reporting standards for voluntary use by…
- Recital (23)In order to ensure that the sustainability reporting standards for voluntary use remain aligned with developments relevant to…
- Recital (24)Article 29d of Directive 2013/34/EU requires undertakings subject to the requirements set out in Articles 19a and 29a of that Directive to…
- Recital (25)Article 33(1) of Directive 2013/34/EU specifies that the members of the administrative, management and supervisory bodies of an undertaking…
- Recital (26)Pursuant to Article 40a(1), fourth and fifth subparagraphs, of Directive 2013/34/EU, certain subsidiaries in the Union of a third-country…
- Recital (27)To ensure that undertakings can access practical information about the application of mandatory and voluntary sustainability reporting…
- Recital (28)In order to reduce the administrative burden stemming from meeting the sustainability reporting requirements mainly associated with the…
- Recital (29)In order to adapt the net turnover thresholds for undertakings to be subject to sustainability reporting requirements, as with the passage…
- Recital (30)Article 5(2), first subparagraph, of Directive (EU) 2022/2464 specifies the dates by which the Member States are to apply the…
- Recital (31)It is important to ensure legal certainty regarding the reduction in the scope of undertakings subject to sustainability reporting…
- Recital (32)Article 5(2), third subparagraph, of Directive (EU) 2022/2464 specifies the dates by which the Member States are to apply the…
- Recital (33)It is important to ensure legal certainty regarding the reduction in scope of issuers subject to sustainability reporting requirements,…
- Recital (34)Due to the change in the scope of undertakings subject to sustainability reporting obligations, the provisions on the review and reporting…
- Recital (35)Directive (EU) 2024/1760 is not to constitute grounds for reducing the level of protection of certain rights and interests provided by…
- Recital (36)Directive (EU) 2024/1760 does not aim to provide a comprehensive framework for the protection of human rights or the environment in the…
- Recital (37)Directive (EU) 2024/1760 imposes wide-ranging due diligence obligations on certain companies. Because of that, its scope is limited to…
- Recital (38)Article 4(1) of Directive (EU) 2024/1760 prohibits Member States from introducing, in their national law, provisions within the field…
- Recital (39)Article 5 of Directive (EU) 2024/1760 obliges Member States to ensure that large companies above a certain size conduct human rights and…
- Recital (40)Based on the results of the scoping exercise, companies should be required to carry out an in-depth assessment in the areas where adverse…
- Recital (41)To limit the trickle-down effect on other companies, including small and medium-sized undertakings and small mid-cap companies, when it…
- Recital (42)Article 8(3) of Directive (EU) 2024/1760 requires Member States to ensure that for the purpose of identifying and assessing the adverse…
- Recital (43)As adverse impacts should be prioritised according to their severity and likelihood and addressed gradually, if it is not possible to…
- Recital (44)Companies might find themselves in situations where their production heavily relies on inputs from one or several specific suppliers. In…
- Recital (45)To reduce burdens on companies and make stakeholder engagement more proportionate, companies should only be required to engage with…
- Recital (46)To reduce administrative burdens on companies, the Commission should adopt general due diligence guidelines by 26 July 2027. In parallel,…
- Recital (47)The provisions of Directive (EU) 2024/1760 on the transition plan for climate change have been deemed to be disproportionate, particularly…
- Recital (48)Article 27(1) of Directive (EU) 2024/1760 requires Member States to lay down effective, proportionate and dissuasive penalties. Article…
- Recital (49)To better achieve the principle of subsidiarity, the specific, Union-wide liability regime currently provided for in Directive (EU)…
- Recital (50)Article 36(1) of Directive (EU) 2024/1760 requires the Commission, by 26 July 2026, to submit a report to the European Parliament and to…
- Recital (51)The transposition deadline should be postponed by one year and the dates from which Member States are to apply Directive (EU) 2024/1760…
- Recital (52)Since the objectives of this Directive cannot be sufficiently achieved by the Member States but can rather, by reason of the scale or…
- Recital (53)Directives 2006/43/EC, 2013/34/EU, (EU) 2022/2464 and (EU) 2024/1760 should therefore be amended accordingly,
Text as published in the Official Journal; for the authentic version, see EUR-Lex.
