#27 David Vermijs: Last chance to influence EU Sustainability Reporting Standards

Listen to David Vermijs, Director of Business Engagement at Shift

This episode of Frankly Speaking welcomes David Vermijs and discusses the final draft of the first set of European Sustainability Reporting Standards (ESRS).

The draft Delegated Act from the European Commission is currently subject to a feedback period until the 7th of July. He is also a member of EFRAG's Sustainability Reporting Board, the body which undertakes the technical work to recommend the new sustainability reporting standards.

You will hear more about:

the draft proposed by the European Commission and how it differs from EFRAG's recommendations
how the first set of ESRS needs to look like to be effective
the opinion coming from the business and investement community
the role of the EU in the development of robust sustainability reporting standards worldwide

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“Some of the biggest leaders in our world, including indeed the president von der Leyen, also President Biden, Emmanuel Macron gave this very message, saying that, yes, we need a transition, but we need a transition towards a climate neutral economy leaving no one behind. We got to make sure that that also comes through in the reporting standards. We do want the reporting to be meaningful and to be representative of what's happening in practice.”

David Vermijs in Frankly Speaking