May 30, 2013 Reuters
Panel advises mandatory reporting for large companies* Environment protection core part of plan to end poverty (Updates throughout)
Among the recommendations, the 69-page report says large businesses should be obliged to report social and environmental impacts, in addition to their financial accounts. About a quarter of businesses now make environmental reports.
"We suggest that a mandatory 'comply or explain' regime be phased in for all companies with a market capitalization above $100 million equivalent," the report said. "The same principle should apply to governments. National accounting for social and environmental effects should be mainstreamed by 2030."... http://www.reuters.com/article/2013/05/30/environment-un-idUSL5N0EB2SF20130530