This revised definition is part of the CSR strategy for 2011-2014 in which the Commission brought together a variety of initiatives for supporting CSR. One of these measures is the CSR reporting directive from 2014 (formally known as Directive on disclosure of non-financial and diversity information), which obliges certain companies to publish reports on non-financial information. This affects large companies which have more than 500 employees and are of public interest, meaning companies listed on the stock exchange, as well as banks and insurance firms. In their status reports, they have to disclose information regarding their concepts relating to CSR aspects such as the environment, employment, human rights, the fight against corruption, and diversity in their executive and supervisory tiers. All EU member states have to transpose the EU directive into national law by 6th December 2016.

The Commission provides information about the current developments and initiatives at the EU level on its website.