European Banking Authority

European Banking Authority

Regulation Authorities
ESG Knowledge, ESG Regulation, Europe

ESMA, EBA and EIOPA Issues Opinions on Sustainability Reporting Standards

Three European regulation authorities (ESMA, EBA and EIOPA) issued their opinions on the draft of European Sustainability Reporting Standards (ESRS for short), the first edition published by the European Financial Reporting Advisory (EFRA) in November last year. The purpose of ESRS is to establish a common European sustainable reporting standard in order to promote the development of ESG and keep pace with global sustainable development

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