Poland – SMEs 2nd NAP

5.Ministry of Finance

Revision of the Non-Financial Reporting Directive

[page 23]

“The Ministry of Finance is participating in legislative work at the EU level, which commenced after the presentation of the Commission’s proposal on 21 April 2021 and the transmission of all national 23 language versions of the draft legislation, i.e. the draft directive as regards corporate sustainability reporting [COM(2021) 189], to the Member States on 16 June 2021. (…) The key changes proposed in the area of sustainability reporting include: a. extending the scope of entities subject to sustainability reporting obligation to:

1. all large companies,
2. small and medium-sized listed companies, which would start reporting three years after large entities, except for listed micro-companies,
3. large bodies of undertakings;”

(…)

“c. empowering the EC to adopt uniform European standards on sustainability reporting obligatory for reporting entities; the full standard would be obligatory for large companies, while its simplified version – for small and medium-sized listed companies;”