12/11/2024 (Agence Europe) – On Tuesday 12 November, the not-for-profit organisation ‘CDP’ and the European Financial Reporting Advisory Group (EFRAG) announced the extension of interoperability between the ‘CDP’ questionnaire and the European Sustainability Reporting Standards (ESRS). This means that ‘ESRS E1’ reporters will find it easier to complete ‘CDP’ disclosures, while ‘CDP’ disclosing companies will be well prepared for ‘ESRS E1’ reporting requirements. These elements will be detailed in a comprehensive mapping to be published in early 2025. Companies representing 90% of European stock markets already use the ‘CDP’ questionnaire to disclose environmental data, and the ‘CDP’ platform will be a major tool for accessing ESRS-aligned data. This partnership aims to reduce the workload for companies and help them prepare for compliance with the ‘CSRD’ directive on corporate sustainability reporting. (AD)