ESMA draft guidelines for supervision of sustainability information
15 Dec, 2023
The European Securities and Markets Authority (ESMA) has published draft guidelines on enforcement of sustainability information. The comment period for the draft guidelines ends on 15 March 2024.
The press release states that the main objectives of the draft guidelines are to:
- Ensure that the supervision of listed entities’ sustainability information under the Corporate Sustainability Reporting Directive (CSRD), the European Sustainability Reporting Standards (ESRS) and Article 8 of the Taxonomy Regulation is carried out by national competent authorities in a converged manner; and
- Establish consistency in, and robust approaches to, the supervision of listed entities’ sustainability and financial information to facilitate increased connectivity.
As a next step, ESMA will consider the feedback it receives on the draft guidelines and expects to publish the final guidelines by Q3 2024.
Please click to access the draft guidelines via the press release on the ESMA website.
