A declaration calling on European policymakers to safeguard core sustainable finance rules is now backed by 323 organizations, reflecting widespread concern that the EU Omnibus may weaken legislation that is crucial to competitiveness and economic growth. The public letter emphasizes that the >>> read more
EFRAG publishes the revised and simplified Exposure Drafts of the European Sustainability Reporting Standards (ESRS), launching a to gather feedback from stakeholders across the EU corporate reporting ecosystem. This major step follows the European Commission’s Omnibus initiative and its formal request to >>> read more
EFRAG launches its new “EFRAG 2025 State of Play” portal — a live, interactive platform presenting key insights from its latest market study on the early implementation of the European Sustainability Reporting Standards (ESRS) under the Corporate Sustainability Reporting Directive (CSRD). The >>> read more
GRI has been recognized during the Fourth International Conference on Financing for Development (FfD4) as foundational for the global sustainability reporting system. Paragraph 34e of the ‘Compromiso de Sevilla’ – the outcome document of FfD4 – explicitly encourages UN Member States to >>> read more
EFRAG has published its Progress Report (as of 20 June) providing an update of the work performed so far and of the activated levers to simplify the European Sustainability Reporting Standards (ESRS). The update responds to a 5 May 2025 request from Commissioner Albuquerque, >>> read more
GRI has launched its Sustainability Taxonomy, a machine-readable version of the GRI Standards that enables faster data collection and improved comparability of sustainability disclosures through the use of XBRL – the global language for business reporting. The new GRI Sustainability Taxonomy helps organizations >>> read more
A survey of over 1,000 European companies reveals that companies are not as keen on weakening sustainability legislation as policymakers think. Conducted by #WeAreEurope — an apolitical collective of European professionals who carry the voice of businesses and citizens — >>> read more
GRI has written to EFRAG to provide recommendations on how ‘simplification’ of the European Sustainability Reporting Standards (ESRS) can be most effectively achieved – without undermining the quality and relevance of corporate reporting. EFRAG has been mandated by the European >>> read more
Following the publication of the Omnibus proposals on 26 February 2025, EFRAG received an specific mandate from the European Commission (EC) on 27 March to provide technical advice for the adoption of a delegated act to revise and simplify the existing European >>> read more
On Thursday 3 april, the European Parliament voted to postpone the application dates for new EU laws on due diligence and sustainability reporting requirements (CSDDD and CSRD). With 531 votes for, 69 against and 17 abstentions, MEPs supported the Commission >>> read more
A new GRI research paper, Corporate lobbying impacts: stakeholder demands for transparency, highlights growing concerns over transparency and accountability in corporate lobbying – a routine aspect of how companies engage with governments. Globally, the scale of lobbying is significant. In the >>> read more
EFRAG, Europe’s voice in corporate reporting and CDP, the global independent environmental disclosure system, published today a correspondence mapping between the ESRS and the CDP question bank, illustrating the high level of commonality announced at COP29. The high level of interoperability between >>> read more