Insights
Notes on amended ESRS drafts released by EFRAG
Important note It is likely that the amended (simplified) ESRS will not come into effect for FY2025 disclosure cycle, see the timeline for the amendments...
ESRS simplification package – EFRAG progress report 20th June 2025
As a part of the Omnibus proposal, EFRAG is requested by the commission for technical advice to modify the delegated act on European Sustainability Reporting...
Role of carbon credits in SBTi corporate net zero standard v2
SBTi recently published a blog on how it sees the role of carbon credits in the upcoming Net-zero corporate standard. It is worth a read. To summarise,...
AFM ESRS supervision report
AFM – Netherlands Authorities for the Financial Markets – recently published its supervision report, reviewing Annual Reports of 30 (NL-based) stock-listed companies that fall under the...
Joint statement on the omnibus initiative
283 organisations, including over 200 businesses and investors, in a joint statement are urging EU policymakers to preserve the core of the EU sustainable finance framework. Rules on sustainability...
TNFD letter towards EFRAG on ESRS simplification
TNFD recently sent a letter to EFRAG Chair – Mr Patrick de Cambourg – outlining its recommendations on simplification. The recommendations aim to provide a more coherent, conceptually consistent and science-based approach. It aims to significantly reduce reporting burden...
Commission to cut EU Taxonomy red tape for companies
Both financial and non-financial companies will no longer have to categorize their activities under the Taxonomy if they are deemed non-material. Under this simplification, materiality is defined as any...
“Quick fix” ESRS Delegated Act for companies already conducting corporate sustainability reporting
The Commission already adopted the “Quick Fix” ESRS Delegated Act. A summary of this Act is given in the document here. Main implications: The Commission argues...