EU Council and Parliament agree to delay sustainability reporting standards for sectors and third-country entities
09 Feb 2024
The Council of the European Union (EU) has announced that it agreed with the Parliament to delay the adoption of sustainability reporting standards for certain sectors and for third-country entities by two years.
However, the provisional agreement suggests that the European Commission publishes eight sector-specific reporting standards as soon as they are ready before the new deadline on 30 June 2026.
The agreement now needs to be endorsed and formally adopted by both institutions.
For more information, please see the press release on the website of the Council of the EU.