EC Communication on interpretation of provisions on sustainability reporting introduced by CSRD
EC Communication on interpretation of provisions on sustainability reporting introduced by CSRD
On 13 November 2024, the European Commission released a series of frequently asked questions (FAQs) to clarify various aspects of the new Corporate Sustainability Reporting Directive (CSRD). These aspects had also been previously addressed by European Financial Reporting Advisory Group (EFRAG).
The FAQs cover several key points:
The FAQs cover several key points:
- FAQs on sustainability information to be reported under Articles 19a/29a of the Accounting Directive (individual and consolidated sustainability statement)
- FAQs on sustainability information reported under Article 40a of the Accounting Directive
- FAQs on the assurance of sustainability reporting
- FAQs on key intangible resources
- Additional FAQs on requirements for third-country undertakings
- FAQs on Sustainable Finance Disclosures Regulation (SFDR)