Joint call for a rapid adoption of the postponement of phase-in disclosure requirements for first wave CSRD undertakings

We, the undersigned associations, express our collective support for the European Commission's delegated act, adopted on 11 July, on the European Sustainability Reporting Standards (ESRS) to pause additional phase-in data points for certain CSRD wave-1 undertakings by two years 1.

We urge the European Parliament and Council to promptly confirm their intention not to object to this delegated act. A timely confirmation will allow a swift entry into force, thereby providing the necessary legal certainty for affected companies.