On Monday 31 July, the European Commission adopted the ‘European Sustainability Reporting Standards’ (ESRS), which apply to all companies subject to the Corporate Sustainability Reporting Directive and which are currently the subject of a public consultation (CSRD) (see EUROPE B13200A15).
“The standards we have adopted today are ambitious and an important tool to support the EU’s sustainable finance agenda. They strike the right balance between limiting the burden on reporting...