European Sustainability Reporting Standards (2023)

1. The Commission adopts the European Sustainability Reporting Standards

EU rules require large companies and listed companies to publish regular reports on the social and environmental risks they face, and on how their activities ...
EU rules require large companies and listed companies to publish regular reports on the social and environmental risks they face, and on how their activities impact people and the environment.

Companies in scope need to get ready now for enhanced sustainability reporting, as the European Commission (EC) has published the final text of its first set of ...
From FY24, companies will be required to provide granular sustainability information

The standards outline requirements for detailed corporate reporting on a broad range of environmental, social, and governance (ESG) issues. The new standards ...
EFRAG has released first draft European sustainability reporting standards as part of the EU Corporate Sustainability Reporting Directive.

Aug 30, 2023 · The ESRS are a set of mandatory concepts, requirements, and principles for companies to follow for non-financial reporting. Companies within the ...
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Aug 2, 2023 · On 31 July 2023, the European Commission (EC) adopted the final delegated act of the European Sustainability Reporting Standards (ESRS). The ...
The final European Sustainability Reporting Standards (ESRS) have been adopted by the European Commission.

Aug 11, 2023 · In January 2023, the European Union adopted the Corporate Sustainability Reporting Directive (CSRD), which requires EU and non-EU companies ...
In January 2023, the European Union adopted the Corporate Sustainability Reporting Directive (CSRD), which requires EU and non-EU companies with activities in the EU to file annual sustainability reports alongside their financial statements. These reports must be prepared in accordance with Euro...

Aug 17, 2023 · On July 31, 2023, the European Commission adopted the European Sustainability Reporting Standards (ESRS or “the standards”). Drafted by the ...
This Heads Up discusses the E.U. Corporate Sustainability Reporting Directive (CSRD) as well as the recently adopted European Sustainability Reporting Standards (ESRS), which provide supplementary guidance for companies within the scope of the CSRD.

Aug 4, 2023 · The European Sustainability Reporting Standards (ESRS) apply to all companies within the scope of CSRD. As the final text of the ESRS is now ...
Companies in the scope of the CSRD need to start preparing for the European Sustainability Reporting Standards (ESRS) as soon as possible.

The ESRS are the rules and requirements for companies to report on sustainability-related impacts, opportunities and risks under the Corporate Sustainable ...
On 31 July 2023, the European Commission adopted the first set of 12 European Sustainability Reporting Standards (ESRS).

Aug 9, 2023 · The European Sustainability Reporting Standards (ESRS) are a core component of the EU's sustainability agenda, intended to boost the ...
While many of the reporting areas initially proposed to be mandatory for corporates were diluted to voluntary before being adopted, the European Commission said it aimed to strike a balance between limiting the reporting burden on companies while enabling them to show their sustainability efforts.

Dec 7, 2022 · 1. As part of the European Green Deal, the Corporate Sustainability Reporting Directive (CSRD) includes the mandate to report sustainability ...

Aug 22, 2023 · The CSRD, which entered into force on 5 January 2023, creates detailed sustainability reporting requirements and expands the number of EU and ...
On 31 July 2023, the European Commission adopted the European Sustainability Reporting Standards (“ESRS“). EU and non-EU entities subject to the new EU Corporate Sustainability Reporting Directive (“CSRD“) will be required to report against the ESRS, making the development of interest to entities preparing for reporting under the CSRD regime. Background The CSRD, which entered […]

Aug 23, 2023 · The CSRD, as a directive, requires the Commission to develop standards for what a reporting entity must disclose about its material impacts, ...
Our lawyers share key takeaways from the adoption of the European Sustainability Reporting Standards.