ESRS: Overview of all Set 1 data points published

On 25 October 2023, EFRAG published a first draft overview of all data points in Set 1 of the European Sustainability Reporting Standards (ESRS; Delegated Regulation (EU) C(2023) 5303 final). The draft was published, together with updated draft guidance on materiality assessment and value chain, at the EFRAG Sustainability Reporting Board meeting.

The overview is intended to provide non-authoritative guidance for the implementation of ESRS requirements. The overview can serve companies as a basis for a gap analysis, e.g. which data points required under ESRS are already reported under other international reporting standards and frameworks for sustainability reporting. This can also help with the mandatory digital marking of sustainability disclosures (Article 29d Accounting Directive; Directive 2013/34/EU).

In response to the regulations on the digitalisation of sustainability reporting, the ASCG has established a working group in cooperation with XBRL Germany, where both organisations combine their expertise in the area of XBRL standards and sustainability reporting. The objective of the working group is to monitor and evaluate initiatives for digital sustainability reporting, especially the current legislative and standard-setting projects.