EFRAG is asking stakeholders to weigh in on the simplification of the European Sustainability Reporting Standards (ESRS).
The European Commission has adopted a “quick fix” to the European Sustainability Reporting Standards (ESRS), aimed at reducing immediate pressures on wave one companies, meaning those already subject to corporate sustainability reporting for financial year 2024 onwards.
Machine-readable, GRI-aligned sustainability reporting just became a reality, with the launch of the GRI Sustainability Taxonomy. Covering all GRI Standards, it allows organisations to file sustainability disclosures digitally using XBRL, and aims to enable faster data collection, easier analysis and improved comparability.
The European Securities and Markets Authority (ESMA) has released a public statement addressing the patchy rollout of sustainability supervision under the European Sustainability Reporting Standards (ESRS).
EFRAG has launched a rapid review of the European Sustainability Reporting Standards (ESRS), with the aim of substantially simplifying the framework by the end of October 2025.
EFRAG wants to hear from you. On 8 April, the European Financial Reporting Advisory Group launched a public call for input on simplifying the first set of European Sustainability Reporting Standards (ESRS).
On 27 March, the European Commission (EC) formally mandated the European Financial Reporting Advisory Group (EFRAG) Sustainability Reporting Board (SRB) to lead the simplification of the European Sustainability Reporting Standards (ESRSs).
The European Commission has unveiled its Omnibus simplification proposals to scale back and delay sustainability reporting requirements under the Corporate Sustainability Reporting Directive (CSRD) and related rules.
The European Commission’s Omnibus simplification proposal, if enacted, will change the shape of sustainability reporting across that continent, reducing the number of private companies required to comply with the European Sustainability Reporting Standards (ESRS) while streamlining the disclosures themselves.
Patrick de Cambourg, Chair of the EFRAG Sustainability Reporting Board, delivered a compelling keynote at Data Amplified 2024, highlighting the progress and some of the challenges surrounding the EU’s flagship sustainability initiative, the Corporate Sustainability Reporting Directive (CSRD).
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