On April 21, 2021, the European Commission adopted a package of sustainability-related measures including its proposal for a Corporate Sustainability Reporting Directive (CSRD) which aims to make corporate reporting of sustainability measures more consistent, comparable and reliable. The CSRD, as proposed, will require the use of Inline XBRL for the reporting of environmental, social and governance (ESG) disclosures.
The CSRD will establish a set of rules to bring sustainability reporting in line with financial reporting, and will extend sustainability reporting requirements to all large companies and all listed companies.
Read the impact assessment accompanying the proposal.
Read the Commission Staff Working Document Impact Assessment which references XBRL.
Read the announcement.
