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European sustainability reporting standards: Consultation response

IEEP responded to the European Commission’s public consultation on European sustainability reporting standards.

We shared our concern regarding the fact that the draft Delegated Act departs from the technical advice provided by EFRAG in November 2022 (First Set of draft ESRS – EFRAG) in several areas, hence significantly reducing the scope and usefulness of the European Union (hereafter also EU) sustainability reporting rules. Still, we would like to take a hopeful approach by defending that there is space for improvement in the ambition displayed by the reporting framework now proposed by the Commission in order to make better use of its potential as a cornerstone of green finance architecture.

Read the consultation response.

Files to download

European sustainability reporting standards (IEEP 2023)

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