EFRAG LISTENS TO COMPLAINTS OVER EUROPEAN SUSTAINABILITY STANDARDS DRAFTS – PARES BACK DATA DEMANDS
December 22nd, 2022
The European Commission is now assessing a first set of detailed proposed European Union (EU) mandatory sustainability reporting standards, delivered – on time – by the European Financial Reporting Advisory Group (EFRAG) Sustainability Reporting Board (SRB). (1)
Due diligence assessments and potential amendments will now be undertaken by the EU executive, before its formal adoption of these standards, planned for next June (2023). It will be using powers under the new EU corporate sustainability reporting directive (2), which was formally approved by both ...
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