The new corporate reporting obligations regarding sustainability in the European Union: directive (eu) 2022/2464 and the nature of its standards

  • Dámaso Javier Vicente Blanco Universidad de Valladolid, Spain
  • Daniela Bardel Universidad Nacional del Centro de la provincia de Buenos Aires/ CONICET, Argentina
DOI: https://doi.org/10.18543/ced.2992
Keywords: corporate social responsibility, responsible business conduct, nonfinancial and diversity information, corporate information on sustainability, uniform and mandatory rules

Abstract

In this work, we start from the confluence of Private and Public International Law in the “International Law of International Investments”, within the framework of which the discussion of the social responsibility of multinational enterprises historically occurred, to identify the rules on disclosure of non-financial information since the beginning of regulatory debates at a global level. We propose to address corporate reporting obligations regarding sustainability for companies in the European Union based on EU Directive 2022/2464 and the analysis of the nature of its regulations. To do this, first, the regulation is contextualized within the framework of the initiatives on corporate social responsibility and responsible business conduct developed in the European Union; secondly, Directive 2014/95 on Non-financial Information and Diversity Information is studied; thirdly, the new Directive 2022/2464 is addressed in terms of contributions and shortcomings; to fourthly carry out a comprehensive analysis about the nature of the norms under the categories of imperative and uniform law.

Received: 05 February 2024
Accepted:  23 February 2024

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Author Biographies

Dámaso Javier Vicente Blanco, Universidad de Valladolid, Spain

Dámaso Francisco Javier Vicente Blanco is a Professor of Private International Law at the University of Valladolid (UVa). Extraordinary Doctorate Award. Member of the Recognized Research Group in New Technology Law and Computer Crime and the Institute of European Studies at UVa. He is director of the Doctorate in Social Sciences at the University of Mindelo (Cape Verde) and of the Chair of European Intangible Cultural Heritage at UVa. He is currently Director of the Department of Commercial Law, Labor Law and Private International Law at UVa. His research is in multiple areas of Private International Law.

Daniela Bardel, Universidad Nacional del Centro de la provincia de Buenos Aires/ CONICET, Argentina

Daniela Alejandra Bardel is a Lawyer from the Universidad Nacional del Centro de la provincia de Buenos Aires–UNCPBA (Argentina). Master in Private Law from the Universidad Nacional de Rosario (Argentina) and PhD in Law from the Universidad de Valladolid (Spain) and the Universidad Nacional de Rosario (Argentina). Professor of General Theory of Law at the UNCPBA Law School, where she has taught since 2012. Postdoctoral fellow from the Consejo Nacional de Investigaciones Científicas y Técnicas (CONICET-Argentina). Co-director of the Centro Interdisciplinario de Estudios Políticos, Sociales y Jurídicos-UNICEN. Author of various publications on her line of research on regulatory strategies of private economic subjects.

Published
2024-04-30
How to Cite
Vicente Blanco, Dámaso Javier, and Daniela Bardel. 2024. “The New Corporate Reporting Obligations Regarding Sustainability in the European Union: Directive (eu) 2022/2464 and the Nature of Its Standards”. Deusto Journal of European Studies, no. 70 (April), 133-68. https://doi.org/10.18543/ced.2992.
Issue
No. 70 (2024)
Section
Articles

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