Regulatory Developments on Sustainability Issues in Light of Delegated Regulation (EU) 2023/2772 (ESRS)
Metadatos
Mostrar el registro completo del ítemEditorial
John Paul II Catholic University of Lublin
Materia
NFRD NFIS CSRD
Fecha
2024-09-30Referencia bibliográfica
Martínez Torres, V. Review of European and Comparative Law, 58(3), 223–239. [https://doi.org/10.31743/recl.17459]
Resumen
Sustainability reports have undergone significant
evolution with the implementation of Directive 2022/2464
(CSRD). Despite the standardization efforts through the European
Sustainability Reporting Standards (ESRS) developed by
EFRAG, in 2023, the European Commission proposed significant
reductions in reporting requirements, with cuts of up to
50%. This step back in the requirements has caused uncertainty
about the CSRD’s ability to ensure effective environmental
sustainability reporting. The changes, formalized in Delegated
Regulation (EU) 2023/2772, represent a turning point in regulating
corporate sustainability, and their adequacy in achieving
transparency and comparability objectives continues to be
a matter of debate.