home
news

FAQ on the Draft European Sustainability Reporting Standards

4/14/2023
Alliance
share this article

Amid current discussions on the shape of the European Sustainability Reporting Standards (ESRS), Frank Bold has developed an FAQ to answer the most important questions around the ESRS.

The FAQ aims at helping policymakers and stakeholders understand better why we need the ESRS and what reporting requirements they imply for companies.

The FAQ answers the following questions :

  • Why do we need European Sustainability Reporting Standards?
  • Is the EU proposal coherent with the international developments?
  • How did EFRAG endorse the draft standards?
  • Which disclosure requirements are mandatory ?
  • What value chain information do the ESRS require companies to disclose?
  • What do companies have to report on biodiversity?
  • What do companies have to report on social issues?
  • How do the CSRD and the draft ESRS address phasing-in?
    (
230 kB
)

You may also like these news

Navigating the EU’s CS3D and CSRD: A New Era for Corporate Environmental Due Diligence and Reporting

ClientEarth and Frank Bold bring you their ultimate legal CS3D analysis. It unpacks every single environmental element of the directive and can be used by national governments to unlock its potential in the next two years.

Počerady Power Plant: We Won the Fight Against an Extensive Emission Limits Derogation

Together with other environmental organizations, we succeeded in revoking a derogation from the emission levels associated with the best available techniques for the Počerady Power Plant, the largest producer of greenhouse gases in the Czech Republic. The illegal derogation allowed the plant to emit unprecedented amounts of toxic mercury. Now it is the turn of the Ministry of the Environment to push for an end to the ongoing illegal situation.

Competitive sustainability: EU due diligence directive to be applied by large companies from 2027

European Union and its member states have approved a framework to prevent that companies providing low prices based on dumping, child labour, pollution and exploitation will not be better positioned in the EU market. They adopted the Corporate Sustainable Due Diligence Directive (CSDDD), which will provide guidance to companies on how to prevent significant negative impacts in their operations and value chains.