EFRAG Releases Study on Early Implementation of ESRS: Insights from Selected EU Companies for Q2 2024

• EFRAG has published a its Study: ‘State of play as of Q2 2024 | Implementation of European Sustainability Reporting Standards (ESRS): Initial Practices from Selected Companies’.
  • • This study aims to shed light on the initial practices of implementing the European Sustainability Reporting Standards (ESRS). As the ESRS implementation is still in its early stages, the findings should be viewed as preliminary insights rather than established practices.
    • The study examines emerging practices by interviewing 28 large EU-based companies across various sectors, both financial and non-financial. These companies were selected for their potential maturity and resources in applying ESRS.
    • The analysis focuses on key areas such as materiality assessment, value chain, datapoint gap analysis, and ESG reporting approaches. While the study provides valuable early observations, it primarily reflects the experiences of larger enterprises and does not capture the full spectrum of companies subject to ESRS.
    • For more information – [Here]