EU Council and Parliament agree to delay sustainability reporting for certain sectors
EU Council and Parliament agree to delay sustainability reporting for certain sectors
The EU Council and the Parliament reached a provisional agreement on the time limits for the adoption of sustainability reporting standards for certain sectors and for certain third-country undertakings amending the Corporate Sustainability Reporting Directive (CSRD). The agreement will give more time for companies to prepare for the sectorial ESRS and for specific standards for large non-EU companies, which will be adopted in June 2026, two years later than the originally scheduled date.