As part of the Draft Corporate Sustainability Reporting Directive (CSRD), the EU Commission tasked the European Financial Reporting Advisory Group (EFRAG) with developing a set of standards on sustainability reporting. The exposure drafts of the European Sustainability Reporting Standards (ESRS) were published at the end of April and have now been released for public consultation. Comments can be submitted via an online questionnaire or an uploadable document until 8 August 2022. As a member of the EFRAG project task force, Prof. Dr. Alexander Bassen (member of the German Council for Sustainable Development) was involved in developing the EU standards. Read more here.
