Getting started with ESRS: Seven reasons • Table.Briefings

By Nicolette Behncke

At PwC, Nicolette Behncke, a certified public accountant, leads the European expert team Sustainability Management & Reporting as well as the Germany-wide expert group on CSR Directive implementation.

At the end of July, the EU Commission adopted the European Sustainability Reporting Standards (ESRS), and the new reporting requirements will become binding for many companies as early as 2024. This will also further strengthen ESG issues. Seven recommendations on what companies should pay attention to.

The European Sustainability Reporting Standards (ESRS) mark the beginning of a new era. These uniform Europe-wide reporting requirements are intended to and will significantly improve production and working conditions through greater transparency: Concrete specifications and better controls should help prevent human rights violations, corruption and greenwashing in the future. On July 31, 2023, the European Commission adopted the final delegated act after an extensive public feedback period.

Getting started with ESRS: Seven reasons why sustainability strengthens companies

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