Pwc's Cfodirect Podcast

Talking ESG: EU sustainability reporting standards are near final

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Synopsis

The European Commission has adopted a set of proposals, known as the European Green Deal, including the Corporate Sustainability Reporting Directive (CSRD), which marks a new era of sustainability reporting in the EU. Under the CSRD, companies will soon have to report on a wide range of environmental, social and governance matters in compliance with European Sustainability Reporting Standards (ESRS).This week, the European Commission released revised ESRS for public feedback. For this episode, Heather Horn was joined by Andreas Ohl, a PwC National Office Partner and Global sustainability topic team leader and Emily Kirsch, a PwC National Office Director who is following sustainability-related projects from accounting standard setters in the EU, to share their insights. Feedback is due July 7th, 2023.In this episode, you’ll hear:1:48 - An overview of the revised European Sustainability Reporting Standards7:52 - The biggest takeaways - including the changes in the proposed standards from earlier drafts12:40 - C