The information in the EINF complements the view provided by the annual accounts.
Many companies with between 250 and 500 employees are facing their first NFI.
The Non-Financial Information Statement (NFIS) is becoming an important obligation for companies of a certain size. It is also paving the way for transparency in terms of sustainability from which SMEs and self-employed workers can learn.
In this regard, this year-end, there are new developments . New criteria are applied to determine which companies must prepare it. With them, many companies with between 250 and 500 employees , if they meet the conditions, will have to prepare it for the first time. Due to the volume of information required, the challenge is great and preparation must be made as soon as possible.
Start of marked textTWEET IT! Is your company preparing the EINF for the first time? We explain what it should contain.End of marked text
What is the non-financial information statement and what form does it take?
It is intended to be a complement to the annual accounts that helps to understand the evolution, results and situation of a company or group. However, in this case, we are speaking in a broader sense than usual. It includes social and environmental aspects that mark a very important part of the company's relationship with its environment.
As regards the form, the Commercial Code and the Capital Companies Act do not establish a specific model . However, the Commercial Code does establish that the controlling hotels and motels email list companies that are obliged to prepare consolidated accounts must be based on regulatory frameworks . Among the most common ones we find:
GRI indicators (from the Global Reporting Initiative ).
SASB ( Sustainability Accounting Standards Board ) standards .
Furthermore, the NFI may be included in the management report or issued separately . In the latter case, it must be expressly indicated that it is part of the management report.
The EINF complements financial information with other environmental and social information that contributes to a better understanding of the evolution, results and situation of the company or group.
What is its content?
In principle, a general orientation is necessary with:
Business model explanation.
Analysis of the environment and perspectives.
Description of how the company intends to address the main issues.
The results of both the measures taken and the company's own activity.
Main risks of the company or group's activity.
Additionally, the content of the EINF includes the following blocks.
