Friend of EFRAG
October 4th, 2024
Generation Impact Global is pleased to announce its formal recognition as a Friend of EFRAG, marking an important engagement with to support the advancement of sustainability reporting frameworks within the European Union (EU).
Through this affiliation, Generation Impact Global has committed itself to contribute towards the further development and promotion of the European Sustainability Reporting Standards (ESRS), which are instrumental in facilitating enhanced transparency and uniformity in environmental, social, and governance (ESG) disclosures across the region. “We are thrilled to become Friend of EFRAG, furthering our dedication to responsible governance and sustainability,” said Anna Shpak, Chief Executive Officer at Generation Impact Global. “Our engagement will allow us to actively support the development in the progressive refinement of sustainability reporting standards, which are crucial in addressing the multifaceted challenges presented by climate change, social inequality, and environmental degradation.
As a Friend of EFRAG, Generation Impact Global affirms its commitment to providing substantive input to EFRAG’s ongoing work on the ESRS. This engagement will include participation in consultations, workshops, and other collaborative activities aimed at refining the legal and technical frameworks governing sustainability disclosures across the EU. Generation Impact Global acknowledges the increasing demand for businesses to adhere to stringent ESG criteria and is poised to contribute its expertise to ensure the development of robust reporting frameworks that reflect both current and future regulatory requirements.
Generation Impact Global acknowledges the significance of this role, particularly in light of emerging EU regulations such as the Corporate Sustainability Reporting Directive (CSRD), which mandates heightened transparency in sustainability reporting.
