EU Wants New European Sustainability Reporting Standards By October 31

EU Wants New European Sustainability Reporting Standards By October 31

[id=0] "The revision of the delegated act will substantially reduce the number of mandatory ESRS datapoints by (i) removing those deemed least important for general pu...

EU Commission Asks EFRAG to Fast-track Development of Simplified CSRD Sustainability Reporting Standards

The European Commission has tasked the European Financial Reporting Advisory Group (EFRAG) with supporting its plan to significantly simplify the reporting requirements under the Corporate Sustainability Reporting Directive (CSRD), with a request to develop technical advice underlying the CSRD’s European Sustainability Reporting Standards (ESRS), and setting a timeline of only seven months, with a deadline for the new advice of October 31, 2025.…

EU moves to delay sustainability reporting rules to ease business burden

European Union member states have backed a proposal to delay key sustainability reporting requirements, in a move aimed at reducing regulatory burdens on businesses and boosting competitiveness. The decision, endorsed by the EU Council, advances the “Stop-the-clock” mechanism, which extends deadlines for corporate sustainability reporting, according to ESG News. “Simplification is one of the priorities of the Polish presidency. Today’s agreement…

The will is there, the bike path is not always there. Often personal intentions to live climate-friendly fail at the external conditions. Instead of appeals we need incentives.

EU Delays Sustainability Rules Amid Global Green Push

This week, the European Union’s Council approved a delay in the implementation of its sustainability reporting regulations, the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD). This move has sparked debate among sustainability advocates and industry leaders, with critics arguing that the delay could hinder the EU’s progress… Source