### where there is a risk that operators or other persons transported by the machinery may be crushed between parts of the machinery and the surroundings should the machinery roll or tip over , in particular for machinery equipped with a protective structure referred to in section 3.4.3 or 3.4.4 , the machinery shall be designed or equipped with a restraint system so as to keep the persons in their seats or in the protective structure , without restricting movements necessary for operations or movements relative to the structure caused by the suspension of the seats. such restraint systems or provision shall not be fitted if they increase the risk. ### where there is a risk that operators or other persons transported by the machinery may be crushed between parts of the machinery and the surroundings should the machinery roll or tip over , in particular for machinery equipped with a protective structure referred to in section 3.4.3 or 3.4.4 , the machinery shall be designed or equipped with a restraint system so as to keep the persons in their seats or in the protective structure , without restricting movements necessary for operations or movements relative to the structure caused by the suspension of the seats. such restraint systems or provision shall have an ergonomic design and shall not be fitted if they increase the risk.


### a visual or audible signal shall be provided at the driving position alerting the driver when the restraint system is not active. ### the machine shall not be able to move when the restraint system is not active in case there is a significant risk of tipping or rolling over. a visual and audible signal shall be provided at the driving position alerting the driver when the restraint system is not active.


### b. whereas around 1 200 european work councils (ewcs) currently exist in the union , with 18 000 individual representatives10; ### b. whereas around 1 200 european work councils (ewcs) currently exist in the union , with 18 000 individual representatives10; whereas , in 2018 , only 15% of european works council members were women;


### “(g) ‘consultation’ means the establishment of dialogue and exchange of views between employees’ representatives and central management or any more appropriate level of management , at such time , in such fashion and with such content as enables employees’ representatives to express a prior opinion on the basis of the information provided about the proposed measures to which the consultation is related , without prejudice to the responsibilities of the management , and within a reasonable time , which is to be taken into account within the community-scale undertaking or community-scale group of undertakings;”; ### “(g) ‘consultation’ means the establishment of dialogue and exchange of views between employees’ representatives and central management or any more appropriate level of management , at such time , in such fashion and with such content as enables employees’ representatives to express a prior opinion on the basis of the information provided about the proposed measures to which the consultation is related , without prejudice to the responsibilities of the management , and within a reasonable time , which is to be taken into account and inform a reasoned reply within the community-scale undertaking or community-scale group of undertakings;”;


### “— where , after one year from the date of this request , they are unable to conclude an agreement as laid down in article 6 and the special negotiating body has not taken the decision provided for in article 5(5).”; ### “— where the special negotiating body has not been regularly convened at least once every quarter;


### this paragraph shall not apply to members of the european works council who pass on information to national or local work councils that may affect the situation of workers where such information has been provided to them in confidence and is subject to national rules on confidentiality. ### this paragraph shall not apply , however , to communication between the european works council and national or local employees’ representatives and the competent recognised trade union organisation.


### 2. each member state shall define , in specific and substantiated cases and under the conditions and limits laid down by national legislation , that the central management situated in its territory is not obliged to transmit information when its nature is such that , according to objective criteria , it would seriously harm the functioning of the undertakings concerned or would be prejudicial to them. ### 2. each member state shall define , in specific and substantiated cases and under the conditions and limits laid down by national legislation , that the central management situated in its territory is not obliged to transmit information when its nature is such that , according to objective criteria , which it must communicate to the european works council or to the special negotiating body , it would seriously harm the functioning of the undertakings concerned or would be prejudicial to them.


### a member state shall make such dispensation subject to prior administrative or judicial authorisation. ### a member state shall make such dispensation subject to prior administrative or judicial authorisation. it shall also ensure that the european works council or the special negotiating body has the legal capacity to request the review of the classification initially accepted by an urgent administrative or judicial decision.


### (5) in article 9 , the following paragraph is added: ### (5) in article 9 , the following paragraph is added:


### member states shall establish procedures to enable the temporary suspension of decisions of the central management where such decisions are challenged on the basis that there has been an infringement of the information and consultation requirements under this directive or under agreements concluded pursuant thereto.”; ### member states shall establish procedures that can be accessed in a timely manner by european works councils and special negotiating bodies as legal persons to enable:


### “the central management shall bear the direct costs incurred in carrying out the procedures , including the costs of legal representation and the subsistence and travel expenses for at least one workers’ representative.”; ### “the central management shall bear in full the direct costs incurred in carrying out the procedures , including the costs of legal representation and the subsidiary costs such as subsistence and travel expenses for representatives of the european works council.”;


### (8) article 14(1) is amended as follows: ### deleted


### “the european works council shall have the right to meet with the central management twice a year , to be informed and consulted , on the basis of a report drawn up by the central management , on the progress of the business of the community-scale undertaking or community-scale group of undertakings and its prospects. the local managements shall be informed accordingly.” ### “the european works council shall have the right to meet with the central management at least twice a year , to be informed and consulted , on the basis of a report drawn up by the central management , on the progress of the business of the community-scale undertaking or community-scale group of undertakings and its prospects. the local managements shall be informed accordingly.”


### b. whereas the gender poverty gap has been increasing for the past five years , as women are increasingly and disproportionately affected by poverty and the risk of social exclusion in comparison with men , in particular women who experience intersectional forms of discrimination and households headed by single mothers6 ; whereas the unequal distribution of unpaid care and household work among men and women presents a crucial factor in determining whether women enter into and stay in employment and the quality of the jobs they have; ### b. whereas the gender poverty gap has increased for the past five years , as women are increasingly and disproportionally more affected by poverty and the risk of social exclusion than men , in particular women who experience intersectional forms of discrimination and households headed by single parents6; whereas the at-risk-of-poverty or social exclusion is more prevalent among women than men (22.3% vs 20.6%); whereas confinement measures had a disproportionate impact on women and people in vulnerable situations , notably in terms of the higher burden of informal care work and more limited access to healthcare , education and other social services , also aggravating pre-existing limitations in access to employment. whereas unequal distribution of unpaid care and domestic work between men and women present crucial factors in determining whether women enter into and stay in employment and the quality of the jobs they have , affecting their unemployment benefits as well as pensions;


### g. whereas today , all eu member states have some sort of minimum income scheme (mis) in place and all have set their schemes at a level below the at-risk-of-poverty (arop) threshold , and sometimes as little as 20 % of the at-risk-of-poverty-or-social-exclusion (arope) threshold , which in practical terms means that those receiving minimum income do not have enough income to make ends meet; ### g. whereas today , all eu member states have some sort of mis (minimum income schemes) , every european country has set schemes at a level below the arope (at risk of poverty and social exclusion) threshold , sometimes nearly 20% of the arope threshold , which practically means that those receiving minimum income do not have enough income to make ends meet; whereas the net income of minimum income schemes recipients is below the arope threshold in all eu member states except for ireland and the netherlands , where it is at least close to the poverty threshold;


### h. whereas the soft law approach and policy coordination mechanisms used in the last 20 years have failed to reduce monetary poverty , in-work poverty and income inequalities in an effective and sustainable manner; ### h. whereas soft law approach and policy coordination mechanisms used in the last 30 years , established by the council recommendation of 24 june 1992 on common criteria concerning sufficient resources and social assistance in social protection systems , have failed to reduce monetary poverty , in-work poverty and income inequalities in an effective and sustainable manner; whereas over the last years , most member states have taken steps towards improving their minimum income schemes , and yet the actions have not been sufficient to address the identified challenges in an integrated way; whereas reforms at national level have not been comprehensive enough and implementation has often lagged;


### i. whereas women , single-parent households , persons with disabilities or long-term diseases , people with migrant or minority backgrounds , homeless people , the lbgtiq+ community and the unemployed are those most affected by poverty or at risk of falling into poverty; ### i. whereas women , single-parent households , young people , persons with disabilities , long-term disease , migrant or minority background , including the roma , people experiencing homelessness , the lbgtiq+ community , and the unemployed are those most affected by poverty or at risk of falling into poverty; whereas in the new council recommendation , the commission recognises that solutions facilitating the receipt of income support by individual members of the household can contribute to economic independence and income security of women and young adults;


### 1. recalls that at the porto summit , the commission , the social partners and civil society committed to reducing the number of people at risk of poverty or social exclusion by at least 15 million , including at least 5 million children , by 2030; recalls that the eu had already largely failed to meet its target of lifting 20 million people out of poverty by 2020 before the covid-19 pandemic hit; notes that the current rise in the cost of living will push an increasing number of people into poverty unless action is taken rapidly; stresses that poverty is not solely a lack of economic means , but is rather a multidimensional phenomenon that encompasses a lack of both income and access to essential goods and services , and thus the basic conditions for living in dignity; notes that persons living in poverty experience many interrelated and mutually reinforcing deprivations that prevent them from enjoying their rights and perpetuate their poverty; ### 1. recalls that the european commission , the social partners and civil society in the porto summit committed to reducing the number of people at risk of poverty or social exclusion by at least 15 million , including at least 5 million children , by 2030; recalls that the eu’s commitment to lift 20 million people out of poverty by 2020 , was largely missed already before the covid-19 pandemic hit. stresses to the commission that reporting on the impact of the recommendation by 2030 is too late in order to evaluate if the 2030 targets are being achieved , as if the results are negative , the eu will have failed as in the previous commitments. the current rise in the cost of living will push an increasing number of people to fall into poverty unless action is taken rapidly. poverty is not solely a lack of economic means , but rather a multidimensional phenomenon that encompasses a lack of both income , access to essential goods and services , and thus basic capabilities to live in dignity. persons living in poverty experience many interrelated and mutually reinforcing deprivations that prevent them from realising their rights and perpetuate their poverty;


### 2. acknowledges that the social protection committee and existing soft law mechanisms such as the country-specific recommendations and social scoreboard established under the european semester have not been enough to encourage member states to set their mis above the arop line; reiterates its call for all member states to set their mis above 60 % of the national median income before social benefits , together with other indicators such as reference budgets to cover the expenses needed to live a decent life; ### 2. acknowledges that existing soft law mechanisms such as the csrs and the social scoreboard in the european semester or the social protection committee have not been enough to set mis above the arope threshold; reiterates its call on all member states to set their mis above the 60% of the national median income before social benefits , by 2025 , together with other indicators such as reference budgets to cover expenses to decent life;


### 3. calls on the commission to propose an eu directive on adequate minimum income in order to legally oblige all member states to ensure that mis are protecting people in need from falling into poverty or social exclusion; considers that such a directive must not only ensure adequate protection , but must also include common definitions at eu level for adequate , accessible and enabling mis that acknowledge the differences in national security systems and respect the principle of subsidiarity , while achieving a level playing field; calls for such an instrument to contain a non-regression clause that applies to the level of benefits across member states to guarantee upward social convergence; ### 3. calls on the european commission to present a eu directive on adequate minimum income in order to legally bind all member states to ensure that mis are protecting people in need from falling into poverty or social exclusion; considers that such a directive is not only needed to ensure a level of adequacy , but shall include common definitions and benchmarks at eu level for adequate , accessible and enabling mis that acknowledge the difference of national security systems , respect the principle of subsidiarity , but achieve a level playing field; calls for such instrument to have a non-regression clause across member states and their benefits level to guarantee upward social convergence;


### 4. insists that for mis to be adequate , they must be evaluated , updated and compared to the cost of living; calls on the member states to set up an automatic adjustment mechanism to ensure that the level of the allocation is adjusted based on changes in median income and the cost of living; stresses that minimum income should not be seen as spending but rather as investment , as it is an effective economic stimulus package that is used to reverse immediate needs and under which expenditure re-enters the economy; ### 4. insists that for mis to be adequate , they shall be evaluated , updated , and compared to the cost of living; calls on all the member states to set up an automatic indexation system to ensure that the level of the allocation is adjusted based on changes in median income , wage development cost of living and prices or inflation ; stresses that minimum income should not be seen as spending but rather as investments , as it is an effective economic stimulus package that is used to reverse immediate and essential needs , recognises that granting the minimum income to people in need will strengthen the economy ,


### 5. stresses that the use of household means testing , which falsely assumes that members of the household pool and distribute their resources equally , is creating a cycle of dependency that reinforces the male-breadwinning model and does not lead to an individual’s full enjoyment of their rights; notes that it has a negative effect on women’s economic independence , which can result in economic gender violence and limit women’s options for escaping gender-based violence and abuse; ### 5. stresses that mis should be allocated after individual means-testing , in order to ensure protection for each individual. each adult person in a household should be financially independent; stresses that applying household means-testing , which falsely assumes that members of the household pool and distribute their resources equally , is creating a cycle of dependency that reinforces the male-breadwinning model and does not lead to an individual’s full enjoyment of their rights. it has a negative effect on women’s economic independence , which can result in economic gender violence and limit women’s options to escape gender based violence and abuse; calls on member states to adopt the recommendation nº8 to implement solutions facilitating the receipt of income support by individual members of the household as it contributes to gender equality and to economic independence and income security of woman and young adults;


### 7. calls on member states to provide human support to applicants and remove unnecessary administrative barriers , as they are the main cause of the non-take-up problem , together with stigmatisation and a lack of awareness of the types of entitlement or the criteria for beneficiaries; is worried about the digital divide among age groups and the potential struggles that this can result in , especially for the elderly and people who are homeless; ### 7. calls on member states to remove unnecessary administrative barriers and provide human support to the applicants , as lack of accessibility and support are the main causes for the non-take-up problem , together with a lack of awareness of types of entitlements or criteria for beneficiaries , and stigmatisation; is worried about the digital divide and the potential struggles that this can bring up , especially for the elderly , people living in situations of homelessness , gender , socio-economic groups , migrant , people living remotely , and people with migration or disadvantaged background , including the roma; stresses that coverage of mis should include all youngsters from the age of 18;


### 8. stresses that the digital divide needs to be considered when initiating the process of providing information on eligibility and granting benefits; insists that assistance provided mainly through online tools will not overcome structural barriers such as the lack of access to hardware or an internet connection; calls for member states to design simplified administrative procedures to ensure equal opportunities and the better integration of services through a person acting as ‘case manager’; ### 8. the digital divide needs to be considered when designing online-tools as well as when granting access to information and throughout the granting process; insists that assistance mainly through online tools only will not overcome structural barriers such as the lack of access to hardware or internet connexion or a lack of digital skills; calls for member states to design simplified accessible administrative procedures to ensure equal opportunities and better integration of services through a “case manager” person; as well as parallel offline access to minimum income;


### 10. believes that mis are a way to recognise unpaid work , which is mostly carried out by women , and to encourage the equal distribution of care responsibilities; considers that providing access to mis will make it easier for everyone to engage in care work , thereby recognising its value for the economy and society; notes that mis need to be accompanied by policies that promote and encourage a more equal and fair redistribution of care responsibilities among genders; ### 10. notes that performing informal care can lead to a loss of income , aggravation of gender-based discrimination , such as the gender pay and pension gaps , old-age poverty and the feminisation of poverty; believes that unpaid care work mostly carried out by women should be valued and paid accordingly and equal distribution of care responsibilities should be encouraged as in the care strategy; calls on the commission to come up with common european guidelines and status of and support to informal carers as informal care is currently not adequately recognized and acknowledged in all its diversity; urges the member states to promote active labour and employment policies aimed for unpaid informal carers and to recognise the skills acquired in informal settings; meanwhile , by giving access to mis , we are providing everyone with a more effective opportunity to engage in care work , recognising its value for the economy and society. this needs to be accompanied by policies that promote and encourage a more equal and fair redistribution of care responsibilities among genders;


### 11. calls on member states to remove any negative punitive conditionalities , such as cuts or forced acceptance of poor-quality jobs; ### 11. calls on member states to remove any negative punitive conditionalities , such as cuts or forced acceptance of poor-quality jobs; welcomes for those who can work positive incentives to re-enter the labour market by aligning mis with inclusive labour market measures such as training , skilling , the possibility to re-enter the labour market gradually , support by individual case managers , etc.


### 12. acknowledges that mis alone will not lift people out of poverty , and calls on member states to make them part of a proactive inclusion strategy that has people’s participation and wellbeing at its core , involving both general policies and targeted measures , that empowers those who are able to work to secure stable , quality and safe jobs , and that provides access to social and public services for all; ### 12. acknowledges that mis alone will not lift people out of poverty , and calls on member states to make them part of a proactive inclusion strategy that has people’s participation and wellbeing at its core , involving both general policies and targeted measures , that empowers those who are able to work to secure stable , quality and safe jobs , and that provides access to social and public services for all , particular in the fields of education , health and housing , and that includes the learning and employment opportunities provided by social economy actors such as work integration social enterprises;


### 13. calls on the commission and the member states to involve social partners and civil society organisations in the development , implementation and monitoring of mis , with a view to reforming coverage , accessibility , adequacy and the promotion of participation across the policies and benefits of social protection systems; calls for an increase in the number of adequately trained social workers at national and regional level to enable them to work in optimal conditions to provide personalised assistance for vulnerable people; ### 13. calls on the commission and the member states to involve social partners and civil society organisations in the development , implementation , and monitoring of mis , with a view to reformulating coverage , availability , affordability , accessibility , adequacy and promotion of participation across the policies and benefits of social protection systems; calls for an increase in the number of adequately trained social workers at national and regional level to enable them to work in optimal conditions for the personalized assistance of vulnerable people; calls on the commission to report to the council as referred to in paragraph 16 (e) of the recommendations to the member states in 2029 at latest instead of 2032 in order to evaluate its impact on reduction of poverty and social exclusion , increasing employment levels and improving participation in training;


### 14. stresses the need for the development of a strong monitoring and evaluation system , which should involve the participation of people experiencing poverty and civil society organisations so as to ensure a real impact on the ground; ### 14. stresses the need for the development of a strong monitoring and evaluation system , which should involve the participation of beneficiaries , people experiencing poverty and civil society organisations so as to ensure a real impact on the ground;


### 15. believes that to ensure a life in dignity and guarantee essential human and social rights , mis must enable those who can work to (re)integrate into sustainable , decent and quality employment; stresses that those who cannot work must be given the opportunity to contribute to society through non-economic means , such as education , training and volunteering , and civic participation; ### 15. believes that to ensure a life in dignity and guarantee essential human and social rights , mis must enable those who can work to (re)integrate into sustainable , decent and quality employment; insists on the possibility to combine income support with earnings from work as a progressive phase out measure to ensure that those engaging in work do no fall into in-work poverty; stresses that those who cannot work must be given the opportunity to contribute to society through non-economic means , such as education , training and volunteering , and civic participation;


### a. whereas the covid-19 pandemic has had a devastating effect on the labour and social status of young people in europe , with employment rates falling , a considerable decrease in personal income12 and a higher risk of poverty and exclusion; whereas immediate action is needed to secure the future of young people; ### a. whereas the covid-19 pandemic has had a devastating effect on the labour and social status of young people in europe , with employment rates falling and corresponding neet rates rising , a considerable decrease in personal income12 and a higher risk of poverty and exclusion; whereas immediate action is needed to secure the future of young people;


### b. whereas young people are the basis for sustainable economic and social prosperity for europe and are a key priority for the eu as affirmed by the european youth strategy and the european youth guarantee , and therefore warrant priority measures for their protection , guidance and inclusion; ### b. whereas young people are the basis for sustainable economic and social prosperity for europe and are a key priority for the eu as affirmed by the european youth strategy and the reinforced youth guarantee , and therefore warrant priority measures for their protection , guidance and inclusion;


### c. whereas in september 2021 , president von der leyen announced a proposal to designate 2022 the eyy to reflect on the perspectives of young people in europe and to focus on policy and legislative proposals that create opportunities for young people across the eu; ### c. whereas in september 2021 , president von der leyen announced a proposal to designate 2022 the european year of youth to reflect on the perspectives of young people in europe and to focus on policy and legislative proposals that create opportunities for young people across the eu;


### d. whereas the mental health of young people has worsened significantly during the pandemic , with problems related to mental health doubling in several member states; whereas nine million adolescents in europe (aged 10 to 19) are living with mental health disorders , with anxiety and depression accounting for more than half of cases; ### d. whereas the mental health of young people has worsened significantly during the pandemic , with problems related to mental health doubling in several member states; whereas nine million adolescents in europe (aged 10 to 19) are living with mental health disorders , with anxiety and depression accounting for more than half of cases mostly due to loneliness and social isolation;


### f. whereas the labour and social inclusion of young people refers to their access to adequate housing and nutrition , proper healthcare and prevention services , programmes for skills development , job opportunities and lifelong learning; ### f. whereas the labour and social inclusion of young people refers to their access to adequate and affordable housing and nutrition , proper healthcare and prevention services , access to minimum standards of digital infrastructure , programmes for skills development , job opportunities , the cultural sector , and lifelong learning;


### h. whereas existing programmes such as the youth employment support , the european youth dialogue and the european solidarity corps , and new proposals such as aim , learn , master , achieve (alma) , will tackle youth challenges in 2022; ### h. whereas existing programmes and policies such as the reinforced youth guarantee , the european youth dialogue , erasmus+ and the european solidarity corps , and new proposals such as aim , learn , master , achieve (alma) , must tackle youth challenges in 2022 such as youth unemployment , comprising active and passive labour market policies and effective access to social inclusion measures and to social , health and housing services for young people;


### i. whereas the constant development of new horizontal skills among young people , such as digital skills , as well as the development of skills with huge economic potential , such as green or entrepreneurial skills , is key for a healthy european labour market; ### i. whereas the constant development of new horizontal skills among young people , such as digital skills , as well as the development of skills with huge economic potential , such as green or entrepreneurial skills , is key for a healthy european labour market and essential for the transition to a climate-neutral economy that leaves no one behind; whereas access to proper digital infrastructure and training on digital skills should be available to all in order to avoid widening the gap between young people on digital literacy and ensure equal opportunities for all in the education system and in the labour market;


### j. whereas young people’s engagement in social entrepreneurship is key for creating new solutions; whereas the involvement of private actors , companies and the business sector is needed to link the labour market with the skills sector; ### j. whereas young people’s engagement in youthwork , social movements , youth organisations and social entrepreneurship is key for creating new solutions; whereas the involvement of private actors , companies and the business sector is needed to improve the transition from education into the labour market and to keep their access to upskilling and reskilling training and lifelong learning;


### k. whereas discrimination against young people in general remains an issue in europe , with young women , and young people with disabilities or different ethnic backgrounds being at a much higher risk of unemployment , in-work poverty and social exclusion; ### k. whereas discrimination against young people in general remains an issue in europe , with young women , young lgbti people and young people with disabilities or different ethnic backgrounds being at a much higher risk of unemployment , in-work poverty and social exclusion;


### l. whereas young people in europe and their representatives and organisations are active in producing policy recommendations with solutions for improving labour and social inclusion and must be considered essential partners in the implementation of the eyy and beyond; ### l. whereas young people in europe and their representatives and organisations are active in organising meaningful participation of young people and producing policy recommendations with solutions for improving labour and social inclusion including through their engagement as part of the conference on the future of europe; whereas they must be considered essential partners in the co-creation , implementation and evaluation of the eyy and beyond;


### 1. welcomes the fact that president von der leyen designated 2022 as the eyy; considers that 2022 should bring a revamp of the european youth strategy through ambitious new policy proposals to combat the effects of covid-19 on young people in europe; ### 1. welcomes the fact that president von der leyen designated 2022 as the european year of youth; considers that the eyy should provide an additional impetus to the implementation of the european youth strategy through ambitious new policy proposals aiming at effective cross-sectoral youth policies and the concrete implementation of existing tools like the reinforced youth guarantee to combat the effects of covid-19 on young people in europe in 2022 and beyond; believes that the eyy should focus especially on young women , young migrants and roma people , young people with disabilities , young artists , and the lgbtiq+ community , and should mainstream the focus on young people across all policy areas;


### 2. welcomes the inclusion of mental health as a priority in the youth goals within the eyy; calls on the member states to make mental health an integral part of the eu’s recovery from the pandemic and an occupational health priority , in particular in educational and workplace environments; calls on the commission to ensure that the mental health of young people is a strategic priority in the upcoming eu care strategy; ### 2. welcomes the inclusion of mental health as apriority in the youth goals within the eyy; calls on the member states to improve mental health care and making it accessible and affordable for all age groups but especially in early ages , an integral part of the eu’s recovery from the pandemic and an occupational health and safety priority , in particular in educational and workplace environments; calls on the commission to ensure that guaranteeing mental health of young people is a strategic priority in the upcoming eu care strategy;


### 3. stresses the vital role that young people must play in shaping employment and social policies in europe; welcomes the eu youth dialogue and the youth work that brings the eu closer to young people; encourages the promotion of the co-management principle in the development of youth policies; calls on the commission to recognise the positive impact of the third sector , including youth organisations , and the non-formal and informal learning opportunities that they provide through volunteering opportunities; ### 3. stresses the vital role that young people must play in shaping employment and social policies in europe; welcomes the eu youth dialogue , youth work and youth organisations that bring the eu closer to young people; encourages the promotion of the co-management principle in the development of youth policies; calls on the commission to recognise the positive impact of the third sector , including youth organisations , and the non-formal and informal learning opportunities that they provide through volunteering opportunities and youth participation;


### 4. calls on the commission and council to mobilise the necessary funding under the multiannual financial framework 2021-2027 without prejudice to the programmes already established under the esf+ , following structural problems identified in country-specific recommendations related to youth unemployment and poverty; welcomes , in this respect , the overall allocation under the rrf of eur 45 billion for measures dedicated to children and young people; ### 4. calls on the commission and council to mobilise the necessary funding under the multiannual financial framework 2021-2027 without prejudice to the programmes already established under the esf+ , following structural problems identified in country-specific recommendations related to youth unemployment and poverty; welcomes , in this respect , the overall allocation under the rrf of eur 45 billion for measures dedicated to children and young people; calls to involve youth organisations and social partners in the design , monitoring and evaluation of those rrf funds; urges the commission and the member states to increase long-term , stable funding to youth organisations , including through the erasmus+ operational grant , in order for them to be able to fulfil this civic engagement role and to employ professional staff; calls on the member states to prioritise reskilling and upskilling in their recovery and resilience plans; calls on member states to ensure the just transition fund and esf+ support integrated plans at local level to help upskilling and reskilling especially for the most vulnerable groups – including people at risk of becoming unemployed- to ensure every person in vulnerable sectors can requalify and develop new skills to remain active in the labour market and benefit from the green and digital transitions;


### 6. calls for reinforced measures , through the esf+ , to promote employment through active interventions for labour market integration and the creation of sustainable entry-level positions; calls on the member states to present updated implementation plans for a reinforced youth guarantee; calls on the commission to provide incentives for companies to play an active role in the reinforced youth guarantee; ### 6. calls for reinforced measures , through the esf+ , to promote employment through active interventions for labour market integration and the creation of sustainable and quality entry-level positions; calls on the member states to present updated implementation plans for a reinforced youth guarantee; calls on the commission and member states to incentivise companies to offer standard employment contracts with access to social entitlements to young people after their successful completion of a traineeship or of an apprenticeship; calls on the commission to develop a quality framework governing the youth guarantee with clear and binding quality standards for offers under the youth guarantee; stresses that these criteria would ensure that the programme effectively helps young people to make the transition into stable , quality employment and helps to ensure gender-balanced opportunities for young people across sectors , opportunities that offer long-term security , social protection and equal and decent working conditions , and that do not contribute to the creation of precarious employment;


### 7. invites the commission to set up a permanent eu committee for the implementation of the reinforced youth guarantee , bringing together relevant stakeholders to facilitate coordination and the exchange of best practices between eu and national authorities , together with civic partners and youth organisations; ### 7. recalls that partnerships with stakeholders are a key element of the reinforced youth guarantee , but no formal body or mechanism currently exists at eu level for their participation in the monitoring and implementation of the youth guarantee; invites the commission to set up a permanent eu committee for the implementation of the reinforced youth guarantee , bringing together relevant stakeholders to facilitate coordination and the exchange of best practices between eu and national authorities , together with social partners , civic partners and youth organisations as well as to assess its impact on an annual basis and propose recommendations for improvement;


### 8. calls on the member states to ensure that public employment services (pes) work with local authorities and the private sector through the european pes network to promote quality employment and boost tailor-made support for training , job searching and counselling for young people; ### 8. calls on the member states to ensure that public employment services (pes) work with local authorities , the education sector , youth organisations and the private sector through the european pes network to promote quality employment and boost tailor-made support for training , job searching and counselling for young people;


### 9. calls on the member states to facilitate access for young people to paid traineeships and apprenticeships; calls for the reinforcement of monitoring schemes , ensuring that young people receive adequate and quality opportunities for upskilling and new qualifications or credentials , avoiding unfair practices such as exploitative or unpaid internships; ### 9. calls on the member states to facilitate access for young people to paid , inclusive traineeships and apprenticeships , including access to accommodation for young people with disabilities when needed; calls for the reinforcement of monitoring schemes ,ensuring that young people receive adequate and quality opportunities for upskilling and new qualifications or credentials , eradicating unfair practices such as exploitative or unpaid internships;


### 10. calls on the commission to ensure that the new alma initiative assists young people , in particular young people aged 15 to 19 not in employment , education or training (neets) , in finding temporary work experience in another member state and to ensure that virtual learning and cooperation remain combined with physical mobility under esf+; ### 10. calls on the commission to ensure that the new alma initiative reaches young people , in particular disadvantaged young people aged 18 to 29 not in employment , education or training (neets) , via the involvement of civil society organisations and social partners on the ground; recalls that for the most disadvantaged groups of young people , guidance will be key in finding temporary work experience in another member state , as well as being accompanied before , during and after the participation in the program in order to lead young people towards quality employment opportunities; insists that placements undertaken through alma must comply with minimum quality standards that uphold young people’s labour rights such as fair remuneration and access to social protection; urges the commission to ensure the added value of alma in addition to the existing opportunities under erasmus+ and the european solidarity corps; calls to put in place an inclusion strategy in order to ensure equal access to alma for all young people , prevent discrimination and address barriers that might occur;


### 11. underlines that digital skills are essential for all industries and invites the commission to develop permanent , certified and free access for young people to online courses for digital skills and literacy in all eu languages in partnership with private companies; calls for the creation of exchange spaces on e-learning and e-teaching; insists that the eu and the member states develop more programmes such as etwinning and the electronic platform for adult learning in europe; ### 11. underlines that digital skills are essential for all industries and invites the commission and member states to develop permanent , certified and free access for young people to online courses for digital skills and literacy in all eu languages; highlights , however , that not all young people have access to internet and therefore an inclusive strategy needs to be drawn up in order to leave no one behind , and insists that the courses should be built in an accessible way to avoid excluding young people with disabilities; calls for the creation of exchange spaces one-learning and e-teaching; insists that the eu and the member states develop more programmes such as etwinning and the electronic platform for adult learning in europe;


### 12. stresses the importance of creating incentives for green skills development and employment opportunities in a climate-neutral , energy efficient and circular economy , especially in the regions most impacted by the green transition; ### 12. stresses the importance of creating incentives for green skills development and employment opportunities in a climate-neutral ,energy efficient and circular economy , especially in the regions most impacted by the green transition; calls on employers to ensure up-/reskilling of their workforce and enhance the provision of apprenticeships in line with the european framework for quality and effective apprenticeships;


### 14. deplores the insufficient correlation between reforms and investments in education and training with measures that ensure labour market inclusion for young people , particularly neets; encourages flexible , inclusive , accessible and open learning paths through individual learning accounts and micro-credentials for young people , youth workers , trainers and professionals; ### 14. deplores the insufficient correlation between reforms and investments in education and training with measures that ensure labour market inclusion for young people , particularly neets; encourages flexible , inclusive , accessible and open learning paths through individual learning accounts and micro-credentials for young people , youth workers , trainers and professionals that should include the skills and competencies gained through non-formal education and informal learning; underlines that strengthening career guidance from an early age and equal access to information and support for students and adult learners can help them discover or foster their interest , talents , skills and competences and potentially choose suitable educational and vocational pathways leading to employment opportunities fit for them emphasises the importance of collaboration between employment services and social services to identify and support people who have recently lost or are at the risk of losing their job;


### 16. calls on the commission and council to ensure that traineeships , apprenticeships and job placements count as work experience and consequently grant access to social entitlements; calls for a decrease in the minimum period of contributions needed to access social benefits; ### 16. calls on the commission and council to ensure that traineeships , apprenticeships and job placements count as work experience and consequently grant access to social entitlements; calls for allowing the cumulation of disability benefits and wages or other forms of social benefits; calls for a decrease in the minimum period of contributions needed to access social benefits; calls on the commission and council to ban all unpaid internships , apprenticeships and traineeships;


### 17. considers the welfare of young people a shared responsibility of public and private actors; calls on the commission to work with european employers to implement corporate social responsibility (csr) recommendations to assist vulnerable young people and to create youth chapters in future csr-related initiatives; ### 17. calls on the commission to work with european employers to implement corporate social responsibility (csr) recommendations to assist vulnerable young people and to create youth chapters in future csr-related initiatives;


### 19. reiterates the importance of access to housing and tailored social services for vulnerable young people; asks the commission to work with the member states on housing first for youth programmes complemented by employment , social and health support services; stresses the importance of private and public investment in social infrastructure for young people; ### 19. reiterates the importance of access to decent and affordable housing and tailored social services for vulnerable young people; asks the commission to work with the member states on housing first for youth programmes complemented by employment , social and health support services; stresses the importance of private and public investment in social infrastructure for young people; welcomes the launch of the european platform on combatting homelessness and its ultimate objective of ending homelessness by 2030; calls on the member states and the commission to take measures and implement programmes for young people who reach the age of 18 and are at risk of being homeless; calls on the commission and member states to ensure the revised youth guarantee contributes to tackling youth homelessness , which is increasing in many eu countries; calls on the commission and member states to implement programmes specifically targeting lgbtiq+ youth homelessness;


### 20. notes with concern the worsening of conditions for many vulnerable young people already suffering from precarity and social exclusion such as young roma , young people with disabilities and young migrants; ### 20. notes with concern the worsening of conditions for many vulnerable young people already suffering from precarity , long-term unemployment and social exclusion such as young roma , young lgbti persons , young people with disabilities and young migrants; calls on member states to prioritise outreach to vulnerable groups in the framework of the youth guarantee , esf+ and the recovery and resilience facility; calls for current and future eu programmes to prioritise most disadvantaged youth to prevent their growing social exclusion;


### (6) directive 2014/95/eu of the european parliament and the council47 amended directive 2013/34/eu as regards disclosure of non-financial information by certain large undertakings and groups. directive 2014/95/eu introduced a requirement on undertakings to report information on , as a minimum , environmental , social and employee matters , respect for human rights , and anti-corruption and bribery matters. with regard to these topics , directive 2014/95/eu required undertakings to disclose information under the following reporting areas: business model , policies (including due diligence processes implemented) , the outcome of the policies , risks and risk management , and key performance indicators relevant to the business. ### (6) directive 2014/95/eu of the european parliament and the council47 amended directive 2013/34/eu as regards disclosure of non-financial information by certain large undertakings and groups. directive 2014/95/eu introduced a requirement on undertakings to report information on , as a minimum , environmental , social and employee matters , respect for human rights , and anti-corruption and bribery matters. with regard to these topics , directive 2014/95/eu required undertakings to disclose information under the following reporting areas: business model , policies (including due diligence processes implemented) , the outcome of the policies , risks and risk management , key performance indicators , including sales of products that are relevant to the business's profitability.


### (6) directive 2014/95/eu of the european parliament and the council47 amended directive 2013/34/eu as regards disclosure of non-financial information by certain large undertakings and groups. directive 2014/95/eu introduced a requirement on undertakings to report information on , as a minimum , environmental , social and employee matters , respect for human rights , and anti-corruption and bribery matters. with regard to these topics , directive 2014/95/eu required undertakings to disclose information under the following reporting areas: business model , policies (including due diligence processes implemented) , the outcome of the policies , risks and risk management , and key performance indicators relevant to the business. ### (6) directive 2014/95/eu of the european parliament and the council47 amended directive 2013/34/eu as regards disclosure of non-financial information by certain large undertakings and groups. directive 2014/95/eu introduced a requirement on undertakings to report information on , as a minimum , environmental , social and employee matters , respect for human rights , and anti-corruption and bribery matters. with regard to these topics , directive 2014/95/eu required undertakings to disclose information under the following reporting areas: business model , policies (including due diligence processes implemented) , the outcome of the policies , risks and risk management , and key performance indicators including sales of products that are relevant to the business’s profitability.


### (8) the ultimate beneficiaries of better sustainability reporting by undertakings are individual citizens and savers. savers who want to invest sustainably will have the opportunity to do so , while all citizens should benefit from a stable , sustainable and inclusive economic system. to realise these benefits , the sustainability information disclosed in undertaking’s annual reports first has to reach two primary groups (‘users’). the first group of users consists of investors , including asset managers , who want to better understand the risks and opportunities that sustainability issues pose to their investments and the impacts of those investments on people and the environment. the second group of users consists of organisations , including non-governmental organisations and social partners , that wish to better hold undertakings to account for their impacts on people and the environment. other stakeholders may also make use of sustainability information disclosed in annual reports. the business partners of undertakings , including customers , may rely on this information to understand , and where necessary report on , the sustainability risks and impacts through their own value chains. policy makers and environmental agencies may use such information , in particular on an aggregate basis , to monitor environmental and social trends , to contribute to environmental accounts , and to inform public policy. few individual citizens and consumers directly consult undertaking’s reports , but they may use such information indirectly such as when considering the advice or opinions of financial advisers or non-governmental organisations. many investors and asset managers purchase sustainability information from third party data providers , who collect information from various sources , including public corporate reports. ### (8) the ultimate beneficiaries of better sustainability reporting by undertakings are individual citizens and savers. savers who want to invest sustainably will have the opportunity to do so , while all citizens should benefit from a stable , sustainable , inclusive , accountable and responsible economic system. to realise these benefits , the sustainability information disclosed in undertaking’s annual reports first has to reach two primary groups (‘users’). the first group of users consists of investors , including asset managers , who want to better understand the risks and opportunities that sustainability issues pose to their investments and the impacts of those investments on people and the environment. the second group of users consists of organisations , including non-governmental organisations and social partners , that wish to better hold undertakings to account for their impacts on people and the environment. other stakeholders may also make use of sustainability information disclosed in annual reports. the integration of gender-related information into sustainability reporting can also assist organizations in publicly demonstrating their accountability to women and commitment towards gender equality and non-discrimination. it can help companies win recognition by workers , investors and consumers and allow all interested stakeholders to gain insights into the effects of organizations’ operations , products , and services on gender equality.


### (8) the ultimate beneficiaries of better sustainability reporting by undertakings are individual citizens and savers. savers who want to invest sustainably will have the opportunity to do so , while all citizens should benefit from a stable , sustainable and inclusive economic system. to realise these benefits , the sustainability information disclosed in undertaking’s annual reports first has to reach two primary groups (‘users’). the first group of users consists of investors , including asset managers , who want to better understand the risks and opportunities that sustainability issues pose to their investments and the impacts of those investments on people and the environment. the second group of users consists of organisations , including non-governmental organisations and social partners , that wish to better hold undertakings to account for their impacts on people and the environment. other stakeholders may also make use of sustainability information disclosed in annual reports. the business partners of undertakings , including customers , may rely on this information to understand , and where necessary report on , the sustainability risks and impacts through their own value chains. policy makers and environmental agencies may use such information , in particular on an aggregate basis , to monitor environmental and social trends , to contribute to environmental accounts , and to inform public policy. few individual citizens and consumers directly consult undertaking’s reports , but they may use such information indirectly such as when considering the advice or opinions of financial advisers or non-governmental organisations. many investors and asset managers purchase sustainability information from third party data providers , who collect information from various sources , including public corporate reports. ### (8) the ultimate beneficiaries of better sustainability reporting by undertakings must be individual citizens and savers. savers who want to invest ethically and sustainably must have the opportunity to do so , while all citizens will benefit from a stable , sustainable and inclusive economic system. to realise these benefits , the sustainability information disclosed in undertaking’s annual reports first has to reach two primary groups (‘users’). the first group of users consists of investors , including asset managers , who want to better understand the risks and opportunities that sustainability issues pose to their investments and the impacts of those investments on people and the environment. the second group of users consists of organisations , including non-governmental organisations , civil society and social partners , that wish to better hold undertakings to account for their impacts on people and the environment. other stakeholders may also make use of sustainability information disclosed in annual reports to foster the comparability across market sectors on the basis of environmental merits , corporate entities should disclose the degree to which they contribute to economic activities that qualify as environmentally sustainable pursuant to article 3 of regulation (eu) 2020/852 on sustainable finance taxonomy and fully respect the ‘do no significant harm principle pursuant to article 17 of regulation (eu) 2020/852. the business partners of undertakings , including customers , may rely on this information to understand , and where necessary report on , the sustainability risks and impacts through their own supply and value chains. experts , policy makers and environmental agencies may use such information , in particular on an aggregate basis , to monitor , verify and compare environmental , climate and social data trends , to contribute to environmental accounts , and to inform public policy. few individual citizens and consumers directly consult undertaking’s reports , but they may use such information indirectly such as when considering the advice or opinions of financial advisers or non-governmental organisations. there is an urgent need to make this data readily available at a reasonable cost. many investors and asset managers purchase sustainability information from third party data providers , who collect information from various sources , including public corporate reports.


### (8) the ultimate beneficiaries of better sustainability reporting by undertakings are individual citizens and savers. savers who want to invest sustainably will have the opportunity to do so , while all citizens should benefit from a stable , sustainable and inclusive economic system. to realise these benefits , the sustainability information disclosed in undertaking’s annual reports first has to reach two primary groups (‘users’). the first group of users consists of investors , including asset managers , who want to better understand the risks and opportunities that sustainability issues pose to their investments and the impacts of those investments on people and the environment. the second group of users consists of organisations , including non-governmental organisations and social partners , that wish to better hold undertakings to account for their impacts on people and the environment. other stakeholders may also make use of sustainability information disclosed in annual reports. the business partners of undertakings , including customers , may rely on this information to understand , and where necessary report on , the sustainability risks and impacts through their own value chains. policy makers and environmental agencies may use such information , in particular on an aggregate basis , to monitor environmental and social trends , to contribute to environmental accounts , and to inform public policy. few individual citizens and consumers directly consult undertaking’s reports , but they may use such information indirectly such as when considering the advice or opinions of financial advisers or non-governmental organisations. many investors and asset managers purchase sustainability information from third party data providers , who collect information from various sources , including public corporate reports. ### (8) the ultimate beneficiaries of better sustainability reporting by undertakings must be individual citizens and savers. savers who want to invest ethically and sustainably must have the opportunity to do so , while all citizens should benefit from a stable , sustainable and inclusive economic system. to realise these benefits , the sustainability information disclosed in undertaking’s annual reports first has to reach two primary groups(‘users’). the first group of users consists of investors , including asset managers , who want to better understand the risks and opportunities that sustainability issues pose to their investments and the impacts of those investments on people and the environment. the second group of users consists of civil society actors , including non-governmental organisations and social partners , that wish to better hold undertakings to account for their impacts on people and the environment. other stakeholders may also make use of sustainability information disclosed in annual reports to foster the comparability across market sectors on the basis of environmental merits , corporate entities should disclose the degree to which they contribute to economic activities that qualify as environmentally sustainable pursuant to article 3 of regulation (eu) 2020/852 on sustainable finance taxonomy and fully respect the ‘do no significant harm principle pursuant to article 17 of regulation (eu) 2020/852. the business partners of undertakings , including customers , may rely on this information to understand , and where necessary report on , the sustainability risks and impacts through their own supply and value chains. experts , policy makers and environmental agencies may use such information , in particular on an aggregate basis , to monitor , verify and compare environmental , climate and social data and trends , to contribute to environmental accounts , and to inform public policy. few individual citizens and consumers directly consult undertaking’s reports , but they may use such information indirectly such as when considering the advice or opinions of financial advisers or non-governmental organisations. there is an urgent need to make this data readily available and free of charge. many investors and asset managers purchase sustainability information from third party data providers , who collect information from various sources , including public corporate reports.


### (8) the ultimate beneficiaries of better sustainability reporting by undertakings are individual citizens and savers. savers who want to invest sustainably will have the opportunity to do so , while all citizens should benefit from a stable , sustainable and inclusive economic system. to realise these benefits , the sustainability information disclosed in undertaking’s annual reports first has to reach two primary groups (‘users’). the first group of users consists of investors , including asset managers , who want to better understand the risks and opportunities that sustainability issues pose to their investments and the impacts of those investments on people and the environment. the second group of users consists of organisations , including non-governmental organisations and social partners , that wish to better hold undertakings to account for their impacts on people and the environment. other stakeholders may also make use of sustainability information disclosed in annual reports. the business partners of undertakings , including customers , may rely on this information to understand , and where necessary report on , the sustainability risks and impacts through their own value chains. policy makers and environmental agencies may use such information , in particular on an aggregate basis , to monitor environmental and social trends , to contribute to environmental accounts , and to inform public policy. few individual citizens and consumers directly consult undertaking’s reports , but they may use such information indirectly such as when considering the advice or opinions of financial advisers or non-governmental organisations. many investors and asset managers purchase sustainability information from third party data providers , who collect information from various sources , including public corporate reports. ### (8) the ultimate beneficiaries of better sustainability reporting by undertakings are individual citizens and savers. savers who want to invest sustainably will have the opportunity to do so , while all citizens should benefit from a stable , sustainable and inclusive economic system. to realise these benefits , the sustainability information disclosed in undertaking’s annual reports first has to reach two primary groups (‘users’). the first group of users consists of investors , including asset managers , who want to better understand the risks and opportunities that sustainability issues pose to their investments and the impacts of those investments on people and the environment. the second group of users consists of civil society actors , including non-governmental organisations , social partners , indigenous people and local communities that wish to better hold undertakings to account for their impacts on people and the environment. other stakeholders may also make use of sustainability information disclosed in annual reports to foster the comparability across market sectors on the basis of environmental merits , corporate entities should disclose the degree to which they contribute to economic activities that qualify as environmentally sustainable pursuant to article 3 of regulation (eu) 2020/852 on sustainable finance taxonomy and fully respect the ‘do no significant harm principle pursuant to article 17 of regulation (eu) 2020/852. the business partners of undertakings , including customers , may rely on this information to understand , and where necessary report on , the sustainability risks and impacts through their own supply and value chains. experts , policy makers and environmental agencies may use such information , in particular on an aggregate basis , to monitor , verify and compare environmental , climate and social data and trends , to contribute to environmental accounts , and to inform public policy. few individual citizens and consumers directly consult undertaking’s reports , but they may use such information indirectly such as when considering the advice or opinions of financial advisers or non-governmental organisations. many investors and asset managers purchase sustainability information from third party data providers , who collect information from various sources , including public corporate reports.


### (9) there has been a very significant increase in demand for corporate sustainability information in recent years , especially on the part of the investment community. that increase in demand is driven by the changing nature of risks to undertakings and growing investor awareness of the financial implications of these risks. that is especially the case for climate-related financial risks. awareness of the risks to undertakings and to investments resulting from other environmental issues and from social issues , including health issues , is also growing. the increase in demand for sustainability information is also driven by the growth in investment products that explicitly seek to meet certain sustainability standards or achieve certain sustainability objectives. part of that increase is the logical consequence of previously adopted union legislation , notably regulation (eu) 2019/2088 and regulation (eu) 2020/852. some of the increase would have happened in any case , due to fast-changing citizen awareness , consumer preferences and market practices. the covid-19 pandemic will further accelerate the increase in users’ information needs , in particular as it has exposed the vulnerabilities of workers and of undertaking’s value chains. information on environmental impacts is also relevant in the context of mitigating future pandemics with human disturbance of ecosystems increasingly linked to the occurrence and spread of diseases. ### (9) there has been a very significant increase in demand for corporate sustainability information in recent years , especially on the part of the investment community. that increase in demand is driven by the changing nature of risks to undertakings and growing investor awareness of the financial implications of these risks. that is especially the case for climate-related financial risks. awareness of the risks to undertakings and to investments resulting from other environmental issues and from social issues , including health issues , is also growing. the increase in demand for sustainability information is also driven by the growth in investment products that explicitly seek to meet certain sustainability standards or achieve certain sustainability objectives. part of that increase is the logical consequence of previously adopted union legislation , notably regulation (eu) 2019/2088 and regulation (eu) 2020/852. some of the increase would have happened in any case , due to fast-changing citizen awareness , consumer preferences and market practices. the covid-19 pandemic will further accelerate the increase in users’ information needs , in particular as it has exposed the vulnerabilities of workers and of undertaking’s value chains. information on environmental impacts is also relevant in the context of mitigating future pandemics with human disturbance of ecosystems increasingly linked to the occurrence and spread of diseases. still companies rarely report much gender disaggregated data despite the inclusion of gender-related indicators in the gri framework , and global recognition of the importance of gender equality;


### (9) there has been a very significant increase in demand for corporate sustainability information in recent years , especially on the part of the investment community. that increase in demand is driven by the changing nature of risks to undertakings and growing investor awareness of the financial implications of these risks. that is especially the case for climate-related financial risks. awareness of the risks to undertakings and to investments resulting from other environmental issues and from social issues , including health issues , is also growing. the increase in demand for sustainability information is also driven by the growth in investment products that explicitly seek to meet certain sustainability standards or achieve certain sustainability objectives. part of that increase is the logical consequence of previously adopted union legislation , notably regulation (eu) 2019/2088 and regulation (eu) 2020/852. some of the increase would have happened in any case , due to fast-changing citizen awareness , consumer preferences and market practices. the covid-19 pandemic will further accelerate the increase in users’ information needs , in particular as it has exposed the vulnerabilities of workers and of undertaking’s value chains. information on environmental impacts is also relevant in the context of mitigating future pandemics with human disturbance of ecosystems increasingly linked to the occurrence and spread of diseases. ### (9) there has been a very significant increase in demand for corporate sustainability information in recent years , especially on the part of the investment community and civil society. that increase in demand is driven by the changing nature of risks to undertakings and growing investor awareness of the financial implications of these risks. that is especially the case for climate-related financial risks and the risks and opportunities associated with our planetary boundaries. awareness of the risks and opportunities to undertakings and to investments resulting from other environmental and climate issues and from social issues , including health issues , is also growing. the increase in demand for sustainability information is also driven by the growth in ethical investment products that explicitly seek to meet certain sustainability standards or achieve certain sustainability objectives and ensure coherence with the ambition of the paris agreement and union policies as well as achieving a balance between the three pillars of sustainability , including the environment , climate , biodiversity , public health and the economy. part of that increase is the logical consequence of previously adopted union legislation , notably regulation (eu) 2019/2088 and regulation (eu) 2020/852. some of the increase would have happened in any case , due to fast-changing citizen awareness , consumer preferences and market practices. the covid-19 pandemic will further accelerate the increase in users’ information needs , in particular as it has exposed the vulnerabilities of workers and of undertaking’s value chains. information on environmental impacts is also relevant in the context of mitigating future pandemics with human disturbance of ecosystems increasingly linked to the occurrence and spread of diseases.


### (9) there has been a very significant increase in demand for corporate sustainability information in recent years , especially on the part of the investment community. that increase in demand is driven by the changing nature of risks to undertakings and growing investor awareness of the financial implications of these risks. that is especially the case for climate-related financial risks. awareness of the risks to undertakings and to investments resulting from other environmental issues and from social issues , including health issues , is also growing. the increase in demand for sustainability information is also driven by the growth in investment products that explicitly seek to meet certain sustainability standards or achieve certain sustainability objectives. part of that increase is the logical consequence of previously adopted union legislation , notably regulation (eu) 2019/2088 and regulation (eu) 2020/852. some of the increase would have happened in any case , due to fast-changing citizen awareness , consumer preferences and market practices. the covid-19 pandemic will further accelerate the increase in users’ information needs , in particular as it has exposed the vulnerabilities of workers and of undertaking’s value chains. information on environmental impacts is also relevant in the context of mitigating future pandemics with human disturbance of ecosystems increasingly linked to the occurrence and spread of diseases. ### (9) there has been a very significant increase in demand for corporate sustainability information in recent years , especially on the part of the investment community and civil society. that increase in demand is driven by the changing nature of risks to undertakings and growing investor awareness of the financial implications of these risks. that is especially the case for climate-related financial risks and the risks and opportunities associated with our planetary boundaries. awareness of the risks and opportunities to undertakings and to investments resulting from other environmental and climate issues and from social issues , including health issues , is also growing. the increase in demand for sustainability information is also driven by the growth in ethical investment products that explicitly seek to meet certain sustainability standards or achieve certain sustainability objectives and ensure coherence with the ambition of the paris agreement and union policies as well as achieving a balance between the three pillars of sustainability , including the environment , climate , biodiversity , public health and the economy. part of that increase is the logical consequence of previously adopted union legislation , notably regulation (eu) 2019/2088 and regulation (eu) 2020/852.some of the increase would have happened in any case , due to fast-changing citizen awareness , consumer preferences and market practices. the covid-19 pandemic will further accelerate the increase in users’ information needs , in particular as it has exposed the vulnerabilities of workers and of undertaking’s supply and value chains. information on environmental impacts is also relevant in the context of mitigating future pandemics with human disturbance of ecosystems increasingly linked to the occurrence and spread of diseases.


### (9) there has been a very significant increase in demand for corporate sustainability information in recent years , especially on the part of the investment community. that increase in demand is driven by the changing nature of risks to undertakings and growing investor awareness of the financial implications of these risks. that is especially the case for climate-related financial risks. awareness of the risks to undertakings and to investments resulting from other environmental issues and from social issues , including health issues , is also growing. the increase in demand for sustainability information is also driven by the growth in investment products that explicitly seek to meet certain sustainability standards or achieve certain sustainability objectives. part of that increase is the logical consequence of previously adopted union legislation , notably regulation (eu) 2019/2088 and regulation (eu) 2020/852. some of the increase would have happened in any case , due to fast-changing citizen awareness , consumer preferences and market practices. the covid-19 pandemic will further accelerate the increase in users’ information needs , in particular as it has exposed the vulnerabilities of workers and of undertaking’s value chains. information on environmental impacts is also relevant in the context of mitigating future pandemics with human disturbance of ecosystems increasingly linked to the occurrence and spread of diseases. ### (9) there has been a very significant increase in demand for corporate sustainability information in recent years , especially on the part of the investment community and civil society. that increase in demand is driven by the changing nature of risks to undertakings and growing investor awareness of the financial implications of these risks. that is especially the case for climate-related financial risks. awareness of the risks to undertakings and to investments resulting from other environmental issues , in particular related to climate and biodiversity , and from social issues , including health issues , is also growing. the increase in demand for sustainability information is also driven by the growth in investment products that explicitly seek to meet certain sustainability standards or achieve certain sustainability objectives , in line with international union commitments , notably regarding the paris agreement on climate change and the convention on biological diversity. part of that increase is the logical consequence of previously adopted union legislation , notably regulation (eu) 2019/2088 and regulation (eu) 2020/852. some of the increase would have happened in any case , due to fast-changing citizen awareness , consumer preferences and market practices. the covid-19 pandemic will further accelerate the increase in users’ information needs , in particular as it has exposed the vulnerabilities of workers and of undertaking’s due diligence along the whole supply and value chains. information on environmental impacts is also relevant in the context of mitigating future pandemics with human disturbance of ecosystems increasingly linked to the occurrence and spread of diseases.


### (11) the report on the review clause of the non-financial reporting directive (directive 2014/95/eu) , and its accompanying fitness check on corporate reporting , identified problems as to the effectiveness of that directive48 . there is significant evidence that many undertakings do not disclose material information on all major sustainability-related topics. the report also identified as significant problems the limited comparability and reliability of sustainability information. additionally , many undertakings from which users need sustainability information are not obliged to report such information. ### (11) the report on the review clause of the non-financial reporting directive (directive 2014/95/eu) , and its accompanying fitness check on corporate reporting , identified problems as to the effectiveness of that directive48 . there is significant evidence that many undertakings do not disclose material information on all major sustainability-related topics , especially climate-related information , including emissions generated from agricultural livestock and corporate sales of pesticides , fertilisers and antibiotics. the report also identified as significant problems the limited comparability and reliability of sustainability information. additionally , many undertakings from which users need sustainability information are not obliged to report such information which underlines the need for a robust and affordable monitoring , reporting and verification framework and effective auditing within corporate sustainability reporting to ensure the reliability of data and avoid off-setting , greenwashing and/or double accounting.


### (11) the report on the review clause of the non-financial reporting directive (directive 2014/95/eu) , and its accompanying fitness check on corporate reporting , identified problems as to the effectiveness of that directive48 . there is significant evidence that many undertakings do not disclose material information on all major sustainability-related topics. the report also identified as significant problems the limited comparability and reliability of sustainability information. additionally , many undertakings from which users need sustainability information are not obliged to report such information. ### (11) the report on the review clause of the non-financial reporting directive (directive 2014/95/eu) , and its accompanying fitness check on corporate reporting , identified problems as to the effectiveness of that directive48 . there is significant evidence that many undertakings do not disclose material information on all major sustainability-related topics , including climate-related information , emissions generated from agricultural livestock and corporate sales of pesticides , fertilisers and antibiotics. the report also identified as significant problems the limited comparability and reliability of sustainability information. additionally , many undertakings from which users need sustainability information are not obliged to report such information which underlines the need for a robust and affordable monitoring , reporting and verification framework and effective auditing within corporate sustainability reporting to ensure the reliability of data and avoid off-setting , greenwashing and/or double accounting.


### (11) the report on the review clause of the non-financial reporting directive (directive 2014/95/eu) , and its accompanying fitness check on corporate reporting , identified problems as to the effectiveness of that directive48 . there is significant evidence that many undertakings do not disclose material information on all major sustainability-related topics. the report also identified as significant problems the limited comparability and reliability of sustainability information. additionally , many undertakings from which users need sustainability information are not obliged to report such information. ### (11) the report on the review clause of the non-financial reporting directive (directive 2014/95/eu) , and its accompanying fitness check on corporate reporting , identified problems as to the effectiveness of that directive48 . there is significant evidence that many undertakings do not disclose material information on all major sustainability-related topics , in particular regarding most exposed sectors to environmental criminality , such as timber , fishing and mining , including in their activities in third countries. the report also identified as significant problems the limited comparability and reliability of sustainability information. additionally , many undertakings from which users need sustainability information are not obliged to report such information , which underlines the need for a robust and affordable monitoring , reporting and verification framework and effective auditing within corporate sustainability reporting to ensure the reliability of data and avoid off-setting , greenwashing and/or double accounting.


### (12) in the absence of policy action , the gap between users’ information needs and the sustainability information reported by undertakings is expected to grow. this gap has significant negative consequences. investors are unable to take sufficient account of sustainability-related risks and opportunities in their investment decisions. the aggregation of multiple investment decisions that do not take adequate account of sustainability-related risks has the potential to create systemic risks that threaten financial stability. the european central bank and international organisations such as the financial stability board have drawn attention to those systemic risks , in particular in the case of climate. investors are also less able to channel financial resources to undertakings and economic activities that address and do not exacerbate social and environmental problems , which undermines the objectives of the european green deal and the action plan on financing sustainable growth. non-governmental organisations , social partners , communities affected by undertakings’ activities , and other stakeholders are less able to hold undertakings accountable for their impacts on people and the environment. this creates an accountability deficit , and may contribute to lower levels of citizen trust in businesses , which in turn may have negative impacts on the efficient functioning of the social market economy. the lack of generally accepted metrics and methods for measuring , valuing , and managing sustainability-related risks is also an obstacle to the efforts of undertakings to ensure that their business models and activities are sustainable. ### (12) in the absence of policy action , the gap between users’ information needs and the sustainability information reported by undertakings is expected to grow. this gap has significant negative consequences. investors are unable to take sufficient account of sustainability-related risks and opportunities in their investment decisions. the aggregation of multiple investment decisions that do not take adequate account of sustainability-related risks has the potential to create systemic risks that threaten financial stability. the european central bank and international organisations such as the financial stability board have drawn attention to those systemic risks , in particular in the case of climate. investors are also less able to channel financial resources to undertakings and economic activities that address and do not exacerbate social and environmental problems , which undermines the objectives of the european green deal , the action plan on financing sustainable growth and the objectives of the paris agreement. non-governmental organisations , social partners , communities affected by undertakings’ activities , and other stakeholders are less able to hold undertakings accountable for their impacts on people , the environment , the climate and more generally on all planetary boundaries. this creates an accountability deficit , and may contribute to lower levels of citizen trust in businesses , which in turn may have negative impacts on the efficient functioning of the social market economy. the lack of sustainability information also limits the ability of stakeholders to enter into dialogue with undertakings on climate related and sustainability matters. the lack of generally accepted metrics and methods for measuring , valuing , and managing sustainability-related risks is also an obstacle to the efforts of undertakings to ensure that their business models and activities are sustainable.


### (12) in the absence of policy action , the gap between users’ information needs and the sustainability information reported by undertakings is expected to grow. this gap has significant negative consequences. investors are unable to take sufficient account of sustainability-related risks and opportunities in their investment decisions. the aggregation of multiple investment decisions that do not take adequate account of sustainability-related risks has the potential to create systemic risks that threaten financial stability. the european central bank and international organisations such as the financial stability board have drawn attention to those systemic risks , in particular in the case of climate. investors are also less able to channel financial resources to undertakings and economic activities that address and do not exacerbate social and environmental problems , which undermines the objectives of the european green deal and the action plan on financing sustainable growth. non-governmental organisations , social partners , communities affected by undertakings’ activities , and other stakeholders are less able to hold undertakings accountable for their impacts on people and the environment. this creates an accountability deficit , and may contribute to lower levels of citizen trust in businesses , which in turn may have negative impacts on the efficient functioning of the social market economy. the lack of generally accepted metrics and methods for measuring , valuing , and managing sustainability-related risks is also an obstacle to the efforts of undertakings to ensure that their business models and activities are sustainable. ### (12) in the absence of policy action , the gap between users’ information needs and the sustainability information reported by undertakings is expected to grow. this gap has significant negative consequences. investors are unable to take sufficient account of sustainability-related risks and opportunities in their investment decisions. the aggregation of multiple investment decisions that do not take adequate account of sustainability-related risks has the potential to create systemic risks that threaten financial stability. the european central bank and international organisations such as the financial stability board have drawn attention to those systemic risks , in particular in the case of climate. investors are also less able to channel financial resources to undertakings and economic activities that address and do not exacerbate social and environmental problems , which undermines the objectives of the european green deal , the action plan on financing sustainable growth and the objectives of the paris agreement. non-governmental organisations , social partners , communities affected by undertakings’ activities , and other stakeholders are less able to hold undertakings accountable for their impacts on people , the environment , the climate and more generally on all planetary boundaries. this creates an accountability deficit , and may contribute to lower levels of citizen trust in businesses , which in turn may have negative impacts on the efficient functioning of the social market economy. the lack of generally accepted metrics and methods for measuring , valuing , and managing sustainability-related risks is also an obstacle to the efforts of undertakings to ensure that their business models and activities are sustainable. the lack of sustainability information also limits the ability of stakeholders , including civil society actors and trade unions , to enter into dialogue with undertakings on sustainability matters.


### (12) in the absence of policy action , the gap between users’ information needs and the sustainability information reported by undertakings is expected to grow. this gap has significant negative consequences. investors are unable to take sufficient account of sustainability-related risks and opportunities in their investment decisions. the aggregation of multiple investment decisions that do not take adequate account of sustainability-related risks has the potential to create systemic risks that threaten financial stability. the european central bank and international organisations such as the financial stability board have drawn attention to those systemic risks , in particular in the case of climate. investors are also less able to channel financial resources to undertakings and economic activities that address and do not exacerbate social and environmental problems , which undermines the objectives of the european green deal and the action plan on financing sustainable growth. non-governmental organisations , social partners , communities affected by undertakings’ activities , and other stakeholders are less able to hold undertakings accountable for their impacts on people and the environment. this creates an accountability deficit , and may contribute to lower levels of citizen trust in businesses , which in turn may have negative impacts on the efficient functioning of the social market economy. the lack of generally accepted metrics and methods for measuring , valuing , and managing sustainability-related risks is also an obstacle to the efforts of undertakings to ensure that their business models and activities are sustainable. ### (12) in the absence of policy action , the gap between users’ information needs and the sustainability information reported by undertakings is expected to grow. this gap has significant negative consequences. investors are unable to take sufficient account of sustainability-related risks and opportunities in their investment decisions. the aggregation of multiple investment decisions that do not take adequate account of sustainability-related risks has the potential to create systemic risks that threaten financial stability. the european central bank and international organisations such as the financial stability board have drawn attention to those systemic risks , in particular in the case of climate. investors are also less able to channel financial resources to undertakings and economic activities that address and do not exacerbate social and environmental problems , which undermines the objectives of the european green deal , the action plan on financing sustainable growth , the objectives of the paris agreement on climate change and the convention on biological diversity. non-governmental organisations , social partners , communities affected by undertakings’ activities , and other stakeholders are less able to hold undertakings accountable for their impacts on people and the environment , including in their activities in third countries. this creates an accountability deficit , and may contribute to lower levels of citizen trust in businesses , which in turn may have negative impacts on the efficient functioning of the social market economy. the lack of generally accepted metrics and methods for measuring , valuing , and managing sustainability-related risks is also an obstacle to the efforts of undertakings to ensure that their business models and activities are sustainable. the lack of sustainability information also limits the ability of stakeholders , including civil society actors , trade unions , indigenous people and local communities , to enter into dialogue with undertakings on sustainability matters.