LANGUAGE REQUIREMENTS

35) In which language should the sustainability statement be drafted and published? Undertakings subject to Articles 19a and 29a of the Accounting Directive should publish the management report (including the sustainability statement), together with the opinion and statement submitted by the statutory auditor or audit firm referred to in Article 34 Accounting Directive, in accordance with Article 30(1) of the Accounting Directive, which refers to the laws laid down by each Member State in accordance with Chapter III of Title 1 of the Company Law Directive. In particular, Article 21 of the Company Law Directive clarifies that ‘ 1. Documents and particulars to be disclosed pursuant to Article 14 shall be drawn up and filed in one of the languages permitted by the language rules applicable in the Member State in which the file referred to in Article 16(1) is opened ’. Therefore, the language that undertakings shall use to publish the sustainability statement included in the management report must be a language specified by the laws of the relevant Member State adopted in accordance with Article 21 of the Company Law Directive. If an undertaking subject to Articles 19a and 29a of the Accounting Directive has securities listed on an EU regulated market, it will also have to comply with the disclosure obligations set out in the Transparency Directive concerning the management report. The linguistic regime for ‘regulated information’, which includes the management report as part of the annual financial report, is laid down by each Member State in accordance with Article 20 of the Transparency Directive.

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Source: EUR-Lex (Cellar) · retrieved 2026-09-07