EBA issues Opinion to the European Commission on the draft European Sustainability Reporting Standards

26 January 2023

Metadata
Provider: 
EBAEBA
URL: 
https://www.eba.europa.eu/eba-issues-opinion-european-commission-draft-european-sustainability-reporting-standardshttps://www.eba.europa.eu/eba-issues-opinion-european-commission-draft-european-sustainability-reporting-standards
Retrieved on: 
Friday, January 27, 2023
Information
Tags: 
Pillar, EBA, European Financial Reporting Advisory Group, EIOPA, Overalls, European Banking Authority, European Securities and Markets Authority, ESMA, EFRAG, Regulation (European Union), Royal commission, Communication, European Commission, Committee of European Securities Regulators, Financial Services and Markets Authority (Belgium), European Insurance and Occupational Pensions Authority, Adoption, Corporate sustainability, Pension, Article, Comment, CSRD, European, Disclosure, Accounting, Real estate, EU
Summary
Key Points: 
  • 26 January 2023
    The European Banking Authority (EBA) published today an Opinion on the draft European Sustainability Reporting Standards (ESRS) developed by the European Financial Reporting Advisory Group (EFRAG).
  • In this Opinion, addressed to the European Commission, the EBA acknowledges that, overall, the draft ESRS are consistent with international standards and any other relevant EU Regulation.
  • The EBA also highlights a few aspects that should deserve further consideration by the European Commission.
  • The European Commission also requested an Opinion from the European Securities and Markets Authority (ESMA) and the European Insurance and Occupational Pensions Authority (EIOPA).
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