The EINF is the non-financial information statement Spanish companies include in their management report under Law 11/2018. It applies to companies and groups with more than 250 employees that are public-interest entities or, for two consecutive years, have assets above €20 million or turnover above €40 million. It covers environment, employees, human rights, anti-corruption and society, is verified independently, approved by the general meeting and published for five years.
What the EINF is
The non-financial information statement (estado de información no financiera, EINF) is the report on environmental, social and governance matters that larger Spanish companies include in their management report. It was introduced by Law 11/2018, which transposed the EU non-financial reporting directive and amended the Commercial Code and the Capital Companies Act.
Who must prepare it
A company or group must prepare an EINF when it has an average of more than 250 employees during the year and either is a public-interest entity, or meets at least one of these conditions at the close of two consecutive financial years: total assets above €20 million, or net turnover above €40 million. Groups apply the test to the consolidated figures, and a subsidiary included in its parent’s statement is exempt.
What it covers
The law asks for the information needed to understand the company’s development, results, position and the impact of its activity.
- The business model, the policies applied, their results, the main risks and how they are managed.
- Environmental matters: pollution, circular economy and waste, sustainable use of resources, climate change and biodiversity.
- Social and employee matters: employment, organisation of work, health and safety, social relations, training, accessibility and equality.
- Human rights, and the fight against corruption and bribery.
- Society: commitments to sustainable development, subcontracting and suppliers, consumers and tax information.
- Key performance indicators, prepared with a recognised framework such as the GRI Standards.
Verification, approval and publication
An independent verification provider checks the EINF. It is approved by the general meeting as a separate item on the agenda, and published free of charge on the company’s website within six months of the financial year end, where it stays available for five years. Since Royal Decree 214/2025, companies that must prepare an EINF also have to calculate their carbon footprint every year and publish a reduction plan, which they can do inside the EINF.
What changes next
Spain has not yet finished transposing the EU sustainability reporting directive. A bill on corporate sustainability reporting is in parliament and will gradually replace the EINF with a sustainability report under the European standards. Until it is passed and applies to a company, Law 11/2018 remains the rule. Companies that fall outside the new law’s scope will still get questions from customers and banks, for which the EU voluntary standard (VSME) is a common answer.
Doing it in Greener Ahead
Greener Ahead does not prepare EINF statements. Carbon accounting in Greener Ahead calculates the carbon footprint the EINF and Royal Decree 214/2025 ask for, with Scope 1, 2 and all 15 Scope 3 categories, for €1,495 per year. Sustainability reporting prepares a VSME report for €995 per year. Both have unlimited users and a free 14-day trial without a card. Check the pricing page for current details.
The EINF at a glance
The main rules of Law 11/2018.
| Rule | What it means |
|---|---|
| Who | More than 250 employees, and a public-interest entity or, for two consecutive years, assets above €20 million or turnover above €40 million |
| Where | In the management report, or a separate report referred to in it |
| Topics | Environment, employees, human rights, anti-corruption, society, business model and risks |
| Framework | A recognised framework such as the GRI Standards, named in the statement |
| Verification | By an independent verification provider |
| Approval and publication | Separate agenda item at the general meeting; on the website within six months, for five years |
| Carbon footprint | Annual footprint and reduction plan under Royal Decree 214/2025 |
Before the verifier arrives
These checks prevent most findings.
- Every indicator names its framework reference and its source.
- The same boundary is used as in the financial statements, or the difference is explained.
- Last year’s figures are shown next to this year’s.
- Each topic that is left out has a reason.
- The carbon footprint and reduction plan are included or referenced.
Sources and scope
- BOE: Law 11/2018 of 28 December on non-financial information and diversity
- BOE: Royal Decree 214/2025 of 18 March
- Congress of Deputies: bill on corporate sustainability reporting
These resources explain a preparation workflow. Check your selected standard and recipient requirements before sharing your report.
Joost ThissenFounder
