Archive

EU issues 'urgent' request for advice on CSRD cutbacks

The EU Commission has written to the bloc's financial reporting standard-setting body, requesting urgent "advice" on how to make the Corporate Sustainability Reporting Directive (CSRD) less onerous for companies.

EFRAG mulls pivot from financial institution standards to guidance after Omnibus

The European Financial Reporting Advisory Group (EFRAG) is preparing to decide how it can help financial institutions report in line with the Corporate Sustainability Reporting Directive (CSRD) after the EU's Omnibus package withdrew the prospect of sector-specific standards.

Omnibus regs: EFRAG chair backs CSRD mid-caps category, says cuts possible to narrative reporting

The chair of the EU's standard setting body has said it "is sympathetic to" creating a new category of 'intermediate'-sized companies if it helped achieve the EU's simplification agenda without undermining its goal of improving sustainability reporting.

'Now is not the time to take the easy path' on disclosure, Mary Schapiro tells EU

The EU has been advised not to take "the easy path" as it considers cutting the sustainability reporting requirements, by one of the architects of the Task Force on Climate-related Financial Disclosures (TCFD).

EFRAG asks for clarity on what omnibus means for its sustainability standards

A leading figure at the EU's corporate reporting adviser has pleaded for clarity from the European Commission on what rumours of upheaval to sustainability reporting frameworks will mean for its own work.

'High degree of commonality' between CDP reporting and ESRS standards

Transition plan guidance published for EU disclosure rules

Draft guidance has been published to help organisations preparing to report in line with EU disclosure regulations create climate mitigation transition plans.

EFRAG agrees partnership to promote 'inequality and social-related financial disclosures'

Build EU sector-specific standards on ISSB baseline, Faber says

Delays to the introduction of EU sustainability reporting standards gives the bloc an opportunity to base its requirements on the IFRS S1 and S2 standards, the European Commission has heard.

Regulating transition plans

A patchwork of regulations will soon ask financial institutions to publish and implement climate transition plans, Michael Hurley reports