Opinion of the European Securities and Markets Authority on EFRAG’s opinion on the revised European Sustainability Reporting Standards. ESMA.

EFRAG has submitted a draft that includes several improvements. In addition, useful simplifications have been introduced in several areas, such as the relationship between general and thematic requirements on policies, actions and objectives.

ESMA’s comments relate to a limited number of areas where it considers that the proposed changes reduce the ability of the rules to contribute to investor protection and stability.