How will it work in practice? The purpose of this FAQ document is to provide guidance on the content of the EU Taxonomy Article 8 delegated act (disclosures delegated act). It is not legal advice and it contains only the views of Commission services, which do not bind the College…

Most big companies operating internationally will face mandatory environmental, social and governance reporting requirements over the next few years. As Tom Seidenstein, chair of the International Auditing and Assurance Standards Board, explained in this Bloomberg article, the reports will have to undergo limited assurance. “The earliest mandate is coming from…

EU Sustainability Reporting with 1000 data points With EU Sustainability Reporting Standards progressing, EFRAG says they have identified “1000 data points” that companies will report. As GRI’s Peter Paul Van De Wijs explains in this Bloomberg article, the new standards will apply widely: “International companies must follow the rules if…

Following the publication in the EU Official Journal of Regulation of Commission Delegated Regulation (EU) 2022/1288 supplementing the Sustainable Finance Disclosure Regulation (SFDR – Regulation (EU) 2019/2088), the European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) are making available the annexes to that Regulation in a format allowing for easier access…

Corporate Sustainability Reporting Directive (CSRD) was published December 16th, 2022 and will entered into force on the twentieth day after its publication, i.e. on January 5th 2023.This means that 50.000 companies in Europe are facing a wave of reporting. The most important elements are: – Location in the management report…