EFRAG: Digitalization readiness-check of the very first draft of the new ESRS

June 13 2022. During the development of the new European Sustainability Reporting Standards (ESRS) within EFRAG, I had the opportunity to review a very first draft of the ESRS as one of four selected XBRL experts.

As part of the digitalization readiness-check we looked at each ESRS data point individually. We then provided feedback and recommendations to responsible cluster members. With our recommendations on possible adjustments to the ESRS texts, we have pursued the goal of creating the basis for the best possible digitalization capability of the new ESRS.

source: EFRAG, Digitisation of the European Sustainability Reporting Standard (ESRS), see slide no 6, Paris, June 13th 2022

EFRAG: Digitalization readiness-check of the very first draft of the new ESRS

June 13 2022. During the development of the new European Sustainability Reporting Standards (ESRS) within EFRAG, I had the opportunity to review a very first draft of the ESRS as one of four selected XBRL experts.

As part of the digitalization readiness-check we looked at each ESRS data point individually. We then provided feedback and recommendations to responsible cluster members. With our recommendations on possible adjustments to the ESRS texts, we have pursued the goal of creating the basis for the best possible digitalization capability of the new ESRS.

source: EFRAG, Digitisation of the European Sustainability Reporting Standard (ESRS), see slide no 6, Paris, June 13th 2022

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