The final ESRS has been approved and is applicable from January 1, 2024. This means organizations now need to start collecting data to comply with the Corporate Sustainability Reporting Directive (CSRD) in their next non-financial reports. The ESRS framework structures and sets the disclosure requirements, which organizations must include in their reporting. The ESRS has been categorized into cross-cutting standards, sector-agnostic standards, and sector-specific standards, the latter of which are expected in June 2024 (link to article).
