What are the ESRS?
The ESRS are a set of 12 standards designed to provide a comprehensive and comparable view of a company’s environmental, social, and governance performance. These standards, aligned with GRI guidelines, will be phased in from 2024 and represent a major step towards a more sustainable and transparent economy.
What are the main ESRS?
- General requirements: Establish the basic principles and criteria for the preparation of sustainability reports.
- Environment: Cover topics such as climate change, pollution, water use, biodiversity, and the circular economy.
- Social: Focus on relationships with employees, the supply chain, local communities, and consumers.
- Governance: Address issues such as business ethics, anti-corruption, and transparency.
Si te ha interesado este artículo no dudes en leer:
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Why are the ESRS important?
- Greater transparency: The ESRS require companies to disclose detailed information about their social and environmental impact.
- Comparability: Common standards facilitate comparison between companies and sectors.
- Sustainable investments: The ESRS drive investment in companies that demonstrate a real commitment to sustainability.
- Acceleration of the green transition: By promoting more sustainable practices, the ESRS contribute to achieving climate and sustainable development goals.
The ESRS are a fundamental tool for building a more sustainable future!
If you liked this article, you may also find interesting to read the following article:
Developing the ESRS: A Comprehensive Guide
For advice applied to your case, see our Energy practice area.
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