The European Securities and Markets Authority (ESMA), the EU's financial markets regulator, has published guidance to support the consistent application of the EU's sustainability reporting requirements.
It issued the Final Report on the Guidelines on Enforcement of Sustainability Information, which contains guidance to build convergence on supervisory practises. ESMA also published a public statement on the first application of the ESRS, which is intended to support large issuers with the implementation of the EU reporting requirements.
The regulator will translate the into all EU languages, and make these translations available on its website.
In Q4 this year, ESMA will issue recommendations for listed companies on sustainability statements. It will continue to monitor the sustainability reporting practices and the application of its guidance in 2025.
ESMA Final Report on the Guidelines on Enforcement of Sustainability Information
ESMA Public Statement on the first application of the European Sustainability Reporting Standards
Companies:ESMA
