Stockholm (NordSIP) – On 9 June, the European Commission published the widely anticipated draft delegated regulation supplementing the European Accounting Directive. The draft contains the first set of European Sustainability Reporting Standards (ESRS) required by the Corporate Sustainability Reporting Directive (CSRD).
The four-week-long consultation period started ticking immediately, setting the submission deadline to 7 July. “The Commission would like to hear your views,” urge the officials, promising that feedback would be considered before finalising the initiative. Yet, this time around, soliciting the views of concerned parties might not be that much of a challenge. Although the draft has just been published, its contents were leaked in advance and have already triggered strong reactions from experts in the field.
