EU to put ‘sustainability risks’ at heart of new reporting standards

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EU to put ‘sustainability risks’ at heart of new reporting standards

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(180912) -- BRUSSELS, Sept. 12, 2018 (Xinhua) -- Photo taken on Sept. 5, 2018 shows European Commission Vice President for Euro and Social Dialogue Valdis Dombrovskis during an exclusive interview with Xinhua outside the European Commission headquarters in Brussels, Belgium. Dombrovskis has called for close cooperation between the European Union (EU) and China in financial services, urging both sides to work together to make international financial system "safe, stable and efficient." (Xinhua/Ye Pingfan) | Ye Pingfan/Xinhua News Agency/PA Images

The European Commission wants to develop new non-financial reporting standards that will compel EU companies to publish more information about the risks they face from climate change and other sustainability issues.

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