Nachhaltigkeitsberichtsgesetz – NaBeG

This is an Austrian government bill (Regierungsvorlage) titled the Sustainability Reporting Act (NaBeG), introduced in the National Council. Based on its title and subject tags, it appears to set out rules on how companies report on sustainability matters, such as environmental, social and governance performance. The subject tags also point to links with EU law, company and civil law, auditing, and financial services. This summary is based on metadata only, not the full legislative text. Companies operating in Austria that fall under the new reporting requirements would likely be affected, along with their auditors and possibly financial institutions and insurers that depend on such reporting. The exact scope, thresholds and deadlines would be found in the full bill text.