Companies Act 2014 section 1604

Documents to be annexed to annual return: applicable subsidiaries

Section 1604 requires applicable subsidiaries of third-country undertakings to annex specific sustainability-related documents to their annual return, in addition to the standard documents normally required.

• Applicable subsidiaries must annex additional sustainability documents to their annual return, over and above the standard filing requirements under section 347
• The sustainability report prepared under section 1603(1) must be annexed, covering the environmental, social and governance activities of the third-country parent undertaking
• An assurance opinion on the sustainability report, as referred to in section 1603(5), must also be annexed where available
• Where no assurance opinion is available, the subsidiary must instead annex a statement (as referred to in section 1603(6)) explaining that the third-country parent did not make the necessary assurance opinion available