Proposed Due Process Procedures for EU Sustainability Reporting Standard Setting– Summary of the comments received
EFRAG publishes a summary report of the comments received on Proposed Due Process Procedures for EU Sustainability Reporting Standard Setting.
In June 2021, EFRAG launched a public consultation, seeking stakeholders input on its Proposed Due Process Procedures for EU Sustainability Reporting Standard Setting. Today’s summary report summarises the comments received.
EFRAG Board’s President Jean-Paul Gauzès provides his reactions on the main comments received and underlines that a transparent and robust due process is essential to ensure that future EU sustainability reporting standards are credible and developed in the public interest. He provides messages on the due process during the interim work, the transition to the new governance structure, the due process of EFRAG’s financial reporting pillar and the cooperation global sustainability reporting standard setters and initiatives.
This report is not a formal feedback statement indicating how the comments have been taken into account. A feedback statement will be published when the EFRAG Administrative Board supported by its due process committee, has reviewed all comments received and decided on the Due Process Procedures for EU sustainability reporting standard setting enhanced with the suggestions received.
Download the summary report here.