home
news

Frank Bold news

Stay up to date with updates delivered directly from our experts to ensure you are always in the know.

Several German ministries led by the Socialist and Green parties have sent a letter to the EU Commission with the objective of rolling back European legislation on corporate sustainability reporting. This legal framework will be applicable to 27 EU Member States as of January 1st, 2025, but German parties, immersed in electoral and political infighting, are using this legislation to promise quick, but dysfunctional solutions.

Finalisation of European ESG reporting rules: CSRD adopted and standards published

The European Parliament has adopted the Corporate Sustainability Reporting Directive (CSRD), which clarifies transparency obligations for large companies operating in the EU on their sustainability impacts, risks, and opportunities. Pursuant to the CSRD, companies across all sectors will report against the European Sustainability Reporting Standards, which were developed by the European Financial Reporting Advisory Group (EFRAG), submitted to the European Commission and published on 22 November.

Alliance
3/7/2023

Civil Society Organisations Urge the European Commission to Adopt an Ambitious Set of Sector-Agnostic Reporting Standards

NGOs and civil society groups will only support an ambitious first set of sector-agnostic ESRS that closely builds on the EFRAG drafts adopted last November. They urge the Commission to follow EFRAG’s technical advice alongside 60+ companies and investors worth 651bn USD, and caution against making significant changes at this stage, as this would risk discrediting the process so far and undoing a good compromise.

Summary of the Turów case

Governments turning a blind eye to Illegal lignite mining in Turów: Local communities and the environment suffer.

Joint Statement on the Corporate Sustainability Due Diligence Directive

Frank Bold, ShareAction, Accountancy Europe, Eurosif, Finance Watch and WWF, as members of the Informal Group on Sustainable Finance, have released a joint statement on the EU’s Corporate Sustainability Due Diligence Directive (CSDDD).

EU Commission’s advisory group publishes the first set of sustainability reporting standards. NGOs warn against reduction in ambition.

Sustainability reporting experts and NGOs welcome the adoption of the EU sustainability reporting standards (ESRS) by EFRAG submitted this week to the European Commission. Whilst the ambition of the ESRS remains limited in several areas, they represent a major improvement for companies as well as for users of sustainability information and address the biggest problems in quality and reliability of corporate reporting. 

New podcast: Frankly Speaking about Responsible Business

We have launched ‘Frankly Speaking’ - a new podcast discussing the latest political, legal, and business developments in the field of ESG, business and human rights, and corporate reporting.