Bases for conclusions on draft ESRS available

  • EFRAG document (dk green) Image

13 Mar 2023

On 22 November 2022, the European Financial Reporting Advisory Group (EFRAG) submitted its draft European Sustainability Reporting Standards (ESRS) to the European Commission. The bases for conclusions to go with each proposed ESRS have now become available as well.

The bases for conclusions illustrate the objective and context of each draft standard, the process followed in its preparation, the reasons to include in the standard a disclosure requirement, when relevant the alternative considered, the references to other standard-setting initiatives or European or other relevant regulations and, where appropriate, the argument supporting the need for granular guidance.

Each basis for conclusions appears under the draft standard available on this EFRAG website.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.