The European Sustainability Reporting Standards (ESRS) have been effective since 1 January 2024 for the first companies in the Corporate Sustainability Reporting Directive’s (CSRD) scope. The ESRS introduce a new reporting framework in Europe, and include many new concepts which stakeholders may find challenging.

Accountancy Europe has contributed to every step of the ESRS’ development and finalisation, including to EFRAG’s guidance. In this series of publications, we summarise the ESRS’ provisions on these concepts and share our views on ESRS aspects that merit further guidance and clarification. To provide background information for our views, we have summarised the existing ESRS’ provisions on these concepts and where applicable, incorporated EFRAG’s guidelines. We have not interpreted or provided guidance on these matters.

Published in this series:

1. materiality assessment (June 2024)
2. value chain (June 2024)
3. process & development (September 2024)
4. Interoperability (November 2024)

More content is coming, stay tuned!