New EU regulations come into effect from today that will see some of Ireland's biggest listed companies disclosing information on gender diversity on their boards.

The European Union (Disclosure of non-financial and diversity Information by certain large undertakings and groups) Regulations 2017 will mean firms will be required to introduce a range of new reporting measures around non-financial issues such as energy consumption and whistleblowing policies and procedures.

Information on a range of other topics will also have to be published under the new rules, including greenhouse gas emissions, energy consumption, and engagement with local communities.

Large listed companies will also be obliged to disclose the diversity policy that applies to their boards of directors.

The first of the disclosures will be made around this time next year.

Tánaiste and Minister for Enterprise Frances Fitzgerald said the regulations would encourage sustainable growth in Irish business.