Eurosif response to the EFRAG consultation on the ESRS

Today, Eurosif submitted its response to the consultation on the European Sustainability Reporting Standards (ESRS), as elaborated by the European Financial Reporting Advisory Group (EFRAG) [link]. Eurosif congratulates the EFRAG on the development of an ambitious and comprehensive reporting framework based on double materiality and encompassing the full spectrum of Environmental, Social and Governance (ESG topics).

Eurosif and its members are highly supportive of the mission given by the European Commission to the EFRAG to develop sustainability reporting standards; in accordance with the ambitious provisions of the Corporate Sustainability Reporting Directive (CSRD) [link]. Eurosif welcomes the opportunity to comment on the relevance and usability of the standards from the perspective of financial institutions as users of ESG information and data. Our response shares our assessment of the overall ESRS Exposure Drafts’ relevance and on the ESRS on Climate Change (ESRS E1).

Contact details

Marie Lavayssiere, Communication and Events Manager – marie.lavayssiere@eurosif.org

Federica Casarsa, Policy Officer – federica.casarsa@eurosif.org