The European Commission took a giant leap forward toward fulfilling the European Green Deal with its adoption of the European Sustainability Reporting Standards (ESRS) on July 31, 2023. These standards outline not only what sustainability data participating companies will be required to disclose for the Corporate Sustainability Reporting Directive (CSRD), but also how information is to be reported.
This whitepaper provides an overview of the ESRS standards and highlights key regulations that paved the way for CSRD.
- The “why” behind ESRS
- Which companies are impacted
- How to prepare for CSRD