European Parliament approves delay of certain ESRSs
17 Apr 2024
The European Parliament has voted to postpone the adoption of sector-specific European Sustainability Reporting Standards (ESRSs) and ESRSs for third-country entities by two years, until 30 June 2026.
The vote follows political agreement between the Council of the EU and the EU Parliament in February 2024.
The Parliament vote does not affect the reporting timelines as agreed under the Corporate Sustainability Reporting Directive (CSRD). As a next step, the legal text needs to be formally approved by the Council of the European Union before becoming effective.
More information is available in the press release on the European Parliament website.
