EFRAG | Ethical Marketing News

CDP and EFRAG Announce Extensive Interoperability Between CDP Questionnaire and EU Sustainability Reporting Standards

December 28, 2024November 14, 2024 Stuart Mitchell

At COP29, EFRAG and CDP, the global independent disclosure system for companies to measure and manage their environmental impacts, announced today extensive commonality and interoperability between CDP and the European Sustainability Reporting Standards (ESRS). This marks a significant step towards both organizations’ shared goals of creating efficiency in the environmental data ecosystem. The announcement comes as a result of ongoing collaboration between CDP and EFRAG. Joint mapping efforts have revealed a substantial commonality between CDP’s questionnaire and the ESRS climate standard (ESRS E1), with provisional mapping by the organizations revealing…

IFRS Foundation and EFRAG publish interoperability guidance

June 13, 2024May 9, 2024 Stuart Mitchell

The IFRS Foundation and EFRAG have published guidance material to illustrate the high level of alignment achieved between the International Sustainability Standards Board’s IFRS Sustainability Disclosure Standards (ISSB Standards) and the European Sustainability Reporting Standards (ESRS) and how a company can apply both sets of standards, including detailed analysis of the alignment in climate-related disclosures. Having first worked during the development of the ISSB Standards and ESRS to deliver a high degree of alignment, today’s publication now provides practical support that explains how companies can efficiently comply with both sets…

EFRAG and CDP announce cooperation to drive market uptake of European Sustainability Reporting Standards

December 17, 2023November 11, 2023 Stuart Mitchell

EFRAG and CDP have recently announced a collaboration to accelerate the market uptake of the European Sustainability Reporting Standards (ESRS), adopted by the European Commission on 31 July 2023. Under the agreement, CDP will explore and implement alignment of its disclosure system with the ESRS as EFRAG provides technical expertise, access and guidance. This collaboration will support the market readiness for quality environmental reporting by accelerating the implementation of the European sustainability reporting standards. CDP, supported by EFRAG, will begin to offer webinars and detailed technical guidance materials to support…