ERT response to the EFRAG consultation on ESRS

ERT welcomes the publication by the European Financial Regulatory Advisory Group (EFRAG) of the exposure drafts underpinning the development of the European Sustainability Reporting Standards. We think the introduction of such standards can provide stakeholders with more comparable insights and streamline the reporting process for companies in the scope of the CSRD.

However, in this letter, we explain a number of concerns with regard to the overall process and certain disclosure requirements.