Table 1.

Timing of EU policy on CSRD (a chronological list and description of key events, from the most recent to the oldest, as outlined on the European Commission website)

DateEvent
7 August 2024Frequently asked questions (publication of the frequently asked questions on the implementation of the EU corporate sustainability reporting rules)
2 May 2024Guidance (Commission welcomes guidance on interoperability of European and global sustainability reporting standards)
8 February 2024Legislation – European sustainability reporting standards (political agreement between the European parliament and the council on postponing adoption deadlines for certain European sustainability reporting standards ESRS)
22 December 2023Legislation – European sustainability reporting standards (publication of the European sustainability reporting standards (ESRS) in the official journal)
17 October 2023Legislative proposal – European sustainability reporting standards (2024 Commission work programme: Proposal for a Decision as regards the time limits for the adoption of sustainability reporting standards for certain sectors and for certain third-country undertakings)
31 July 2023Legislation – European sustainability reporting standards (adoption of the European sustainability reporting standards (ESRS), accompanied by questions and answers on the ESRS)
9 June 2023Legislation – European sustainability reporting standards (opening of feedback process of a first set of draft sustainability reporting standards for companies, opening a four-week public feedback period)
14 December 2022Legislation – Corporate sustainability reporting (publication of the corporate sustainability reporting directive (CSRD) in the official journal)
23 November 2022Standards – Corporate sustainability reporting (first set of draft EU sustainability reporting standards published by EFRAG)
22 June 2022Legislation – Corporate sustainability reporting (political agreement by the European parliament and the council on the corporate sustainability reporting directive CSRD)
21 April 2021Legislative proposal – Corporate sustainability reporting (proposal for a corporate sustainability reporting directive (CSRD) to amend the reporting requirements of the NFRD)
8 March 2021Reports – EU sustainability reporting standards (EFRAG reports on development of EU sustainability reporting standards)
20 February 2020Consultation – Non-financial reporting (public consultation on the review of the non-financial reporting directive - End date: 11 June 2020)
20 February 2019Consultation – Non-financial reporting (targeted consultation on the guidelines on reporting climate-related information - End date: 20 March 2019)
18 June 2019Guidelines – Non-financial reporting (guidelines on reporting climate-related information, which in practice consist of a new supplement to the existing guidelines on non-financial reporting, which remain applicable)
26 June 2017Guidelines – Non-financial reporting (guidelines to help companies disclose environmental and social information. These guidelines are not mandatory, and companies may decide to use international, European or national guidelines according to their own characteristics or business environment)
28 January 2015Consultation – Non-financial reporting (public consultation on non-financial reporting guidelines - End date: 15 April 2016)
22 October 2014Legislation – Non-financial reporting (adoption of the Non-Financial directive)
15 April 2014Frequently asked questions – Non-financial reporting (disclosure of non-financial and diversity information by large companies and groups)
Source(s): Authors’ own work
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