EU Commission to Delay Adoption of Sustainability Reporting Standards by 2 Years
The European Commission has announced its plans to delay key aspects of its Corporate Sustainable Reporting Directive (CSRD), including the adoption of requirements for companies to provide sector-specific sustainability disclosures and for sustainability reporting from companies outside of the EU. Sector-agnostic sustainability reporting requirements were set out under ESRS by the end of June 2024, outlining sustainability information for companies to report relating to the industries in which they operate. Read more