EU member states in the European Council announced that they have approved a directive delaying the adoption of standards for companies to provide sector-specific sustainability disclosures and for sustainability reporting from companies outside of the EU under the Corporate Sustainability Reporting Directive (CSRD).
The announcement by the EU Council marks the final decision-making step in the adoption of the postponement of the sector-specific and third country undertaking European Sustainability Reporting Standards (ESRS), following the approval of the directive earlier this month by the European Parliament.
Content retrieved from: https://www.esgtoday.com/eu-approves-2-year-delay-to-sustainability-reporting-obligations-for-specific-sectors-and-non-eu-companies/.
