This Directive makes several amendments in the Regulation (EU) No 537/2014, Directive 2004/109/EC, Directive 2006/43/EC and Directive 2013/34/EU and inserts new rules regarding sustainability reporting standards for small and medium-sized undertakings, single electronic reporting format, sustainability reports concerning third-country undertakings, sustainability reporting standards for third-country undertakings, development of ESMA guidelines on the supervision of sustainability reporting by national competent authorities, education and professional competence of auditors, assurance of sustainability reporting, assurance report on sustainability reporting, and regulatory arrangements between Member States as regards the assurance of sustainability reporting. The sustainability reporting standards shall, taking into account the subject matter of a particular sustainability reporting standard:(a) specify the information that undertakings are to disclose about climate change adaptation and mitigation, including greenhouse gas emissions; water and marine resources; resource use and the circular economy; pollution; and biodiversity and ecosystems; (b) specify the information that undertakings are to disclose about the social and human rights factors; and (c) specify the information that undertakings are to disclose about the governance factors, such as business ethics and corporate culture, including anti-corruption and anti-bribery, the protection of whistleblowers and animal welfare.
2022-12-14