##  [Implementation guidance documents and other news connected with the European sustainability reporting standards (ESRS)](/en_GB/new/implementation-guidance-documents-and-other-news-connected-european-sustainability-reporting) 

# Implementation guidance documents and other news connected with the European sustainability reporting standards (ESRS)





Unión Europea - 01 / 29 / 2024

















- <a aria-label="Link" class="fs-5" data-content="Copied link" data-placement="top" data-toggle="popover" data-trigger="focus" data-url="https://www.garrigues.com/en_GB/new/implementation-guidance-documents-and-other-news-connected-european-sustainability-reporting" id="get-app-artwork" role="button" tabindex="0"></a>
- [](https://www.linkedin.com/sharing/share-offsite/?url=https://www.garrigues.com/en_GB/new/implementation-guidance-documents-and-other-news-connected-european-sustainability-reporting)
- [](<https://twitter.com/intent/tweet?text=Implementation guidance documents and other news connected with the European sustainability reporting standards (ESRS)&url=https://www.garrigues.com/en_GB/new/implementation-guidance-documents-and-other-news-connected-european-sustainability-reporting>)
- [](<https://www.facebook.com/sharer.php?u=https://www.garrigues.com/en_GB/new/implementation-guidance-documents-and-other-news-connected-european-sustainability-reporting&t=Implementation guidance documents and other news connected with the European sustainability reporting standards (ESRS)>)

 







   Previous    Next  















**EFRAG, the European Commission’s independent technical advisory body for preparation of the sustainable reporting standards, launched a public consultation on the first implementation guidance documents and the standards for SMEs. Furthermore, the European Parliament has approved a two-year delay for the elaboration of sector-specific standards and of standards for sustainability reporting by companies outside the EU.**





<a name="_Hlk157153081">Following publication of the </a>[Corporate Sustainability Reporting Directive](https://www.garrigues.com/en_GB/new/directive-corporate-sustainability-reporting-published) (CSRD) and the European Commission's adoption of the first [delegated act ](https://www.garrigues.com/en_GB/new/ojeu-publishes-first-set-sustainability-reporting-standards-esrs) with the first set of standards, EFRAG has now launched a public consultation on the following documents:

- The [first three implementation guidance documents](https://www.efrag.org/News/Public-471/Publication-of-the-3-Draft-EFRAG-ESRS-IG-documents-EFRAG-IG-1-to-3-) for European sustainability reporting standards (ESRS), in connection with the most challenging aspects of their application:  
    
    - Draft materiality assessment implementation guidance.
    - Draft value chain implementation guidance
    - Draft ESRS datapoints implementation guidance
- The draft [ESRS](https://efrag.org/news/public-479/EFRAG%E2%80%99s-public-consultation-on-two-Exposure-Drafts-on-sustainability-reporting-standards-for-SMEs) for SMEs, containing the mandatory standards for listed SMEs and the voluntary standards for unlisted SMEs.

For the first set, the public consultation period ends on February 2, and for the second, on March 24, 2024.

Elsewhere, initiatives included on this subject in the [European Commission's work programme for 2024](https://www.garrigues.com/en_GB/new/2024-european-commission-work-programme-adopted) are also unfolding. As seen on January 24, 2024, when the European Parliament announced the approval by MEPs on the Legal Affairs Committee of a proposal to delay key aspects of the CSRD by two years, such as the adoption of sector-specific standards and of standards for sustainability reporting by companies outside the EU.

In relation to sector-specific standards, [EFRAG’s work plan for 2024](https://www.europarl.europa.eu/cmsdata/280245/EFRAG%20presentation_EN.pdf) includes the elaboration of reporting standards for the following eleven sectors: oil and gas, mining, quarrying and coal; motor vehicles; road transport; agriculture; food and beverages; energy; textiles; banks, insurance; capital markets.









[Sustainability](/en_GB/tags/sustainability)







 

 



 

 

### Related services 

 

- [Corporate Governance and Sustainable Development ](/node/12823)
- [Sustainability ](/en_GB/services/sustainability)
 


 

 



 

 

- 
 


 

 



 

## Find a publication

   

- [Administrative and Constitutional Law](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1422)
- [Agribusiness and Food](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1417)
- [Automotive](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1419)
- [Banking and Finance](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1443)
- [Corporate and M&amp;A](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1441)
- [Corporate Governance and Sustainable Development](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A12823)
- [Criminal Law and Internal Investigations](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1434)
- [Data Economy, Privacy and Cybersecurity](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A10913)
- [Dispute Resolution: Litigation and Arbitration](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1412)
- [Energy](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A10916)
- [EU and Antitrust Law](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1416)
- [Family Business](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1413)
- [Fashion Law](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1435)
- [Financial Regulation](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A10915)
- [G-advisory](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A12821)
- [Human Capital Services](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1431)
- [Infrastructure](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A10914)
- [Insurance](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1438)
- [Intellectual Property](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1421)
- [Labor and Employment](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1424)
- [Life Sciences and Healthcare](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1429)
- [Media and Entertainment](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1433)
- [Planning, Zoning and Environment](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1444)
- [Private Equity](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1439)
- [Real Estate](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A10927)
- [Restructuring and Insolvency](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1420)
- [Securities Markets](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1442)
- [Sports](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1430)
- [Startups &amp; Open innovation](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1426)
- [Sustainability](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A10921)
- [Tax](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1425)
- [Technology, Communications and Digital](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1436)
- [Tourism and Hotels](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1432)
- [Transport, Logistics and Shipping](/en_GB/markdownify/node/13579?f%5B0%5D=service%3A1428)

 Facet Services detail

 



- [Publications](/en_GB/markdownify/node/13579?f%5B0%5D=publication_type%3A794)
- [Newsletters](/en_GB/markdownify/node/13579?f%5B0%5D=publication_type%3A107)
- [Garrigues collection](/en_GB/markdownify/node/13579?f%5B0%5D=publication_type%3A101)
- [Laws: amendments at a glance](/en_GB/markdownify/node/13579?f%5B0%5D=publication_type%3A104)
- [News](/en_GB/markdownify/node/13579?f%5B0%5D=publication_type%3A105)

 Facet Publication type detail

 



  Min  

 Max  

 







 

## News search engine