EFRAG launches public consultation on Draft European Sustainability Reporting Standard (ESRS)
05 May 2022
EFRAG has launched its publication consultation on ESRSs, which would be required to be adopted by many entities based on the Corporate Sustainability Reporting Directive (CSRD).
The exposure drafts consist of 13 documents on general principles and disclosures, along with several topics ESRSs on climate change, biodiversity, own workforce, business conduct and a variety of other ESG topics. The exposure drafts are accompanied by a cover note, which contains numerous appendices containing EFRAG’s commentary on the mapping of the ESRSs in comparison to other standards, such as the ISSB EDs and the TCFD recommendations.
The exposure drafts are open for public comment until 8 August 2022. BDO IFR Advisory will respond on behalf of BDO firms worldwide.
The exposure drafts and accompanying documents may be accessed here.