This PRI statement welcomes the latest draft European Sustainability Reporting Standards (ESRS) by the European Financial Advisory Group (EFRAG) and sets out five priority elements that co-legislators should retain within the final standards:

  • Maximum possible interoperability with global sustainability reporting standards and frameworks
  • All information that investors need to meet their regulatory reporting obligations, including mandatory SFDR Principal Adverse Impact indicators
  • Requirements and guidance on the materiality assessment
  • Reporting on climate-related scenario analysis, transition planning, policies, targets, action plans and metrics
  • Reporting on material sustainability matters of subsidiaries
For further information, please contact: René van Merrienboer or Benjamin Taylor