Knowledge Bank Tag: S1

The EU Commission has announced their adoption of the European Sustainability Reporting Standards (ESRS), which falls under the EU Corporate Sustainable Reporting Directive (CSRD), but what does that mean? In this blog we dive into the history of these new frameworks and directives and what they will mean for the European Economic Area (EEA).

On June 26th, 2023, the IFRS (International Financial Reporting Standards) Foundation issued their inaugural Sustainability Standards in two parts: IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and S2 Climate-related Disclosures.