02/07/2026 (Agence Europe) – In its second annual report on the implementation of the European Sustainability Reporting Standards (‘ESRS’) (see EUROPE 13863/21), published on Wednesday 1 July, the European Financial Reporting Advisory Group (‘EFRAG’) notes that European companies are publishing increasingly structured and comparable environmental, social and governance (‘ESG’) information. EFRAG nevertheless points out that these issues are not yet being sufficiently translated into measurable targets or integrated into corporate management. “Companies identify on average 6.4 material ESRS topics, but set measurable targets for only 3.3”, EFRAG said on Wednesday. The association nevertheless points to progress in certain areas, notably the adoption of climate transition plans. Its study is based on a sample of 905 audited sustainability statements. See EFRAG’s report: https://aeur.eu/f/mom (BD)