Big changes are on the horizon for corporate sustainability reporting in Europe with the Omnibus Simplification Package, set to be unveiled on 26 February. To be informed by the EU’s broader Competitiveness Compass, the omnibus aims to streamline regulatory requirements, particularly for small and medium-sized enterprises (SMEs).
Accountancy Europe has launched a CSRD transposition tracker, offering a comprehensive view of how EU Member States are implementing the Corporate Sustainability Reporting Directive (CSRD) into national law.
An article in Automaatioväylä (that’s the Finnish Society of Automation’s magazine) highlights significant challenges and opportunities in automating sustainability reporting, with a strong focus on the potential of XBRL to address these issues.
On 13 December, the European Securities and Markets Authority (ESMA) published a consultation outlining its proposals to extend the European Single Electronic Format (ESEF) to sustainability reporting.
Patrick de Cambourg, Chair of the EFRAG Sustainability Reporting Board, delivered a compelling keynote at Data Amplified 2024, highlighting the progress and some of the challenges surrounding the EU’s flagship sustainability initiative, the Corporate Sustainability Reporting Directive (CSRD).
The European Commission has taken formal action against 17 EU member states for failing to fully implement the Corporate Sustainability Reporting Directive (CSRD) by the July 2024 deadline. In letters sent to countries including Germany, Spain, and Poland, the Commission opened infringement procedures, signalling its desire to get this initiative implemented.
The latest episode of the Workiva ESG Talk podcast delves into the world of environmental, social, and governance reporting, featuring an interview with XBRL Chair (and Vice Chair of PwC US) Wes Bricker and XBRL International CEO John Turner.
The European Parliament has taken the final, expected step in officially approving a directive to delay the implementation of sector-specific sustainability disclosure standards and reporting requirements for companies outside the EU under the Corporate Sustainability Reporting Directive (CSRD).
In today’s landscape of ubiquitous sustainability claims, the ability to differentiate between genuine efforts and deceptive practices is hard. Diving into the realm of EU regulations, Chartered Accountant Dee Moran explores the ongoing and upcoming initiatives aimed at tackling greenwashing head-on.
This week the European Financial Reporting Advisory Group (EFRAG) published for public consultation its Draft ESRS Set 1 XBRL Taxonomy, alongside a Draft XBRL Taxonomy for Article 8 disclosures.
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