EFRAG outlines plans to cut ESRS data points by 50%
EFRAG has identified five levers to reduce the reporting burden on companies.
EFRAG has outlined its plan to “drastically cut” data points required in the European Sustainability Reporting Standards (ESRS) in an Omnibus-related update.
The European Financial Reporting Advisory Group (EFRAG) is the organisation that developed the standards EU companies are meant to use to produce Corporate Sustainability Reporting Directive (CSRD)-compliant reports.