10/03/2023 (Agence Europe) – The European Financial Reporting Advisory Group (EFRAG) published on Friday 10 March all the bases for conclusions to complete the first drafts of corporate sustainability reporting standards (‘European Sustainability Reporting Standards’ or ESRS). These databases of findings accompany, but are not part of, the ESRS projects. Their content is therefore not authoritative. They do, however, illustrate the purpose and context of the draft standards and the process followed in their preparation. They also explain the reasons for including an information requirement in the standards, or the alternative envisaged, references to other standard-setting initiatives or to certain relevant regulations. EFRAG presented the draft ESRS to the European Commission in November. The Commission is currently consulting and checking consistency with other legislation (see EUROPE 13134/14). To consult the bases for conclusions: https://aeur.eu/f/5qs (AD)