Consultation response

7 July 2023

EC’s draft delegated act on European Sustainability Reporting Standards (ESRS)

We have provided feedback to the European Commission’s (EC) draft delegated act on the first set of European Sustainability Reporting Standards (ESRS).

The European accountancy profession calls the EC to:

    • align the ESRS with the International Sustainability Standards Board’s standards before adopting the delegated act, and
    • ensure consistency between ESRS and other EU legislation (particularly the SFRD), which includes clarifying how to comply with other EU legislations’ mandatory requirements when the respective datapoints are subject to materiality in the ESRS reporting.

We have also included our technical analysis and detailed comments to all ESRS could serve the EC and EFRAG in providing guidance and improving the standards in the future.

Related content

NewsAccountancy Europe makes EC’s draft DA and EFRAG’s Draft ESRS comparison available

16 June 2023

Consultation responseLetter to the EC on the rationalisation and simplification of reporting requirements

21 April 2023

EventShaping a future-proof corporate ecosystem

12 October 2023

EventPreparing for high-quality sustainability assurance engagements

3 October 2023

Publication5-step starting guide to a sustainable transition for SMEs

5 September 2023

NewsThe ISSB should develop more sustainability reporting standards and provide support to enact them

10 August 2023

Consultation responseISSB’s Consultation on agenda priorities

9 August 2023

NewsEurope needs robust sustainability reporting standards that enable a successful implementation

14 July 2023

UpdateSustainability

12 July 2023

Consultation responseIESBA’s proposed strategy and work plan 2024-2027

5 July 2023

Stories from practiceInsight from SME accountants: how to improve SMEs’ access to green finance

5 July 2023

EventCSRD: striving for consistent and quality sustainability assurance engagements across the EU

5 July 2023

EventCorporate Sustainability Due Diligence Directive

5 July 2023

Consultation responseIASB’s exposure draft on amendments to the classification and measurement of financial instruments and EFRAG’s...

3 July 2023

NewsAccountancy Europe makes EC’s draft DA and EFRAG’s Draft ESRS comparison available

16 June 2023

EventDeveloping green skills for finance professionals

8 June 2023

Consultation responseIIASB’s proposed Global Internal Audit Standards

1 June 2023

UpdateSustainability

1 June 2023

EventTowards digital corporate reporting with CSRD

16 May 2023

UpdateSustainability

27 April 2023

Consultation responseLetter to the EC on the EFRAG funding for the development of credible and successful...

26 April 2023

NewsAccountancy Europe joins EU Green Week 2023

26 April 2023

Sign up for our newsletter

* indicates required
Would you like to subscribe to our newsletter?
On which topics would you like to receive news?