The European Commission announced plans to delay key aspects of its Corporate Sustainable Reporting Directive (CSRD), including the adoption of requirements for companies to provide sector-specific sustainability disclosures and for sustainability reporting from companies outside of the EU. According to the proposal, the postponement of each of these rules will fulfil objectives including allowing companies to focus on the implementation of the first set of ESRS and limit the reporting requirements to the minimum necessary.
EC proposal to postpone EU sustainable reporting requirements
