The View From France

Listed companies in France have long been subject to reporting and disclosure requirements designed to promote corporate social responsibility and, more recently, sustainable growth and sustainable finance, in the interests of shareholders and stakeholders. Since the implementation of the 2014 EU Non-Financial Reporting Directive (NFRD) into French law in 2017, only large companies listed on the regulated Euronext Paris market have been obliged to publish nonfinancial information (in a statement included in the management report) and information on their diversity policy as it applies to the board of directors. There have also been a number of other national legislative obligations covering gender representation and equality.