ACCA have contributed to, and supports, the responses made by Accountancy Europe and by European Federation of Accountants and Auditors of SMEs.
In our own response, we reiterate our concerns around lack of alignment with ISSB standards, the quantity of disclosures that the ESRS are likely to generate, and the extremely compressed timelines for consultation and implementation. We also call for the European Commission to consider reporting by non-EU undertakings in accordance with ISSB standards as equivalent, when these are supplemented with comparable impact reporting standards such as the GRI Standards.’
For more detail, please download the cover letter and full survey response on this page.
