Category: Transparency & accountability

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 to come into effect here (p.2). This means Wave 1 companies have to maintain /

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 Standards (ESRS). The aim is to reduce number of mandatory datapoints by more than 50%

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 “first wave” of CSRD scope.   The objective was to assess ESRS compliance, DMA outcomes, and transparency in

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 reporting, transition plans, climate targets and corporate due diligence are a key foundation for achieving the EU’s

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 loan or investment representing more than 10% of a financial institution’s portfolio, or more than 10% of

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 that this “Quick Fix” became necessary as Wave 1 companies were not included into the