EBA issues Opinion to the European Commission on the draft European Sustainability Reporting Standards
26 January 2023
- 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).