The recording and presentation slides of the webinar on ESRS for Non-EU Groups are now available for access.
On 19-20 November 2024, EFRAG and the European Commission presented the legal framework and standard-setting approach for ESRS for Non-EU Groups to stakeholders.
Key Takeaways
As per Article 40a of the CSRD, non-EU companies generating over EUR 150 million annually in the EU, and with a branch or subsidiary in the EU, will need to report on sustainability impacts at the group level starting in 2028, with the first reports due in 2029.
The ESRS for Non-EU Groups (NESRS) standards will guide this reporting, and separate standards will be adopted for these non-EU companies.
Webinar Recording [here]
Presentation Slides [here]
For more information [here]