Crowe Global

04/02/2025 | Press release | Distributed by Public on 04/02/2025 20:26

European Sustainability Reporting Standards

The ESRS (European Sustainability Reporting Standards) framework requires companies to align with the CSRD's detailed ESG reporting rules. Developed by EFRAG, ESRS ensures alignment with global ESG frameworks like TCFD and GRI, covering topics from climate change to governance. The framework includes General Standards (reporting principles and governance disclosures) and Topical Standards (environmental, social, and governance specifics). Key features include a comprehensive baseline, double materiality (financial and impact), and digital reporting for machine-readable disclosures. All companies under CSRD, including large EU firms and certain non-EU entities, must comply.

Read Article


Originally Published by Crowe UAE on, 26 March 2025