‘ESG reporting requires clear, consistent EU framework’
The EU’s top financial markets authority on Thursday invited the European Commission to clarify new sustainability reporting requirements for European companies and to make its legislation for non-financial reporting standards more consistent with other pieces of EU legislation.
Efama calls for sustainability reporting standard alignment
Calls for the global alignment of sustainability reporting standards is being complicated by differences of views about which standards to back between those developed by the European Union and a competing private sector standard backed by the well-known IFRS accounting standards organisation.