Sector Classification (SEC1&2) standard - research phase
The sector classification provides the full overview of all ESRS sectors and their boundaries relying on NACE 2.1 economic activities. The sector classification is based on the following considerations:
a) the business activities determine which sector the undertaking is operating in. Sectors share similar sustainability impacts, risks and opportunities
b) the impacts, risks, and opportunities analysis enable the identification of the sector's sustainability matters that are material for the sector and for which the undertaking shall report on in accordance with the sector specific [draft] ESRS; and
c) the identified material sustainability matters for which the undertaking shall report the disclosure requirements applicable to the undertaking