On Tuesday 21 June the EFRAG Council and the European Parliament reached a provisional agreement on the European Commission’s proposal for a Corporate Sustainability Reporting Directive (CSRD). The proposal aims – over time – to bring sustainability reporting on a par with financial reporting.
EFRAG Board President, Jean-Paul Gauzès, welcoming the provisional agreement on the CSRD and the confirmation of the role for EFRAG commented: It is an honour to leave EFRAG, after two mandates as EFRAG Board President, on a such positive note. I am very grateful for the trust and confidence the EC has put into EFRAG and me personally in preparing the way for future European Sustainability Reporting Standards.
EFRAG aims at producing standards tailored to EU policies, while building on and contributing to international standardisation initiatives.
AIA Chief Executive, Philip Turnbull added: As a professional body we are committed to working alongside EFRAG to act as an authoritative voice within the accountancy sector to raise reporting standards in sustainability. We also ensure that our members have the skills, knowledge and tools to promote sustainable business practices.
Read more about EFRAG’s work on sustainability reporting here.
As a professional body we are committed to working alongside EFRAG to act as an authoritative voice within the accountancy sector to raise reporting standards in sustainability.
