WebDec 15, 2024 · According to the European Commission (EC), CSRD aims to lower companies’ reporting costs over the medium to long-term. The EC has said that while … WebUnder the proposed CSRD, EFRAG was appointed technical adviser to the European Commission developing draft ESRS. This was confirmed by the text of 21 June resulting from the trilogue between the co-legislators and the text of 10 November 2024 approved by the European Parliament. The ESRS Exposure Drafts (EDs) prepared by the EFRAG …
EUR-Lex - 52024PC0189 - EN - EUR-Lex - Europa
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WebAug 9, 2024 · The CSRD is an extension of the European directive on sustainability reporting: the Non-Financial Reporting Directive (NFRD). The NFRD came into effect in 2024 and requires public interest companies (such as banks, insurers and publicly traded companies) with more than 500 employees to report on how they deal with issues such … WebJun 25, 2024 · On 25 June 2024 the European Commission (EC) issued a request for technical advice mandating EFRAG to undertake preparatory work for the elaboration of possible EU non-financial reporting standards in a revised Non-Financial Reporting Directive (NFRD). The EC also issued a separate ad personam mandate, inviting EFRAG Board … WebJun 15, 2024 · The CSRD is an EU Directive regarding the reporting process of companies’ sustainability journey. The CSRD entails rules for companies to routinely post reports on environmental and social impacts of their activities. ... Directive 2004/109/EC, Directive 2006/43/EC and Regulation (EU) No 537/2014, as regards corporate sustainability … dick\u0027s sporting goods t shirts