European Sustainability Reporting Standards (ESRS)

The European Sustainability Reporting Standards (ESRS) are a set of guidelines established by the European Union to help companies report on their environmental, social, and governance (ESG) impacts transparently and consistently. They aim to ensure that businesses provide clear, reliable information about their sustainability practices, risks, and performance. This helps investors, consumers, and regulators make informed decisions, promoting responsible business conduct and supporting the EU’s sustainability goals. Essentially, ESRS standardize how companies communicate their sustainability efforts, making their reports more comparable and trustworthy across Europe.