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Position paper - European Sustainability Reporting Standards
AmCham EU welcomes the comprehensive work done by the European Financial Regulatory Advisory Group (EFRAG) on the upcoming European Sustainability Reporting Standards (ESRS). We fully support regulatory efforts to provide a reliable framework for companies to report on sustainability. However, the complexity and detail of such an exercise presents a significant – and for many, new – challenge. We provide our recommendations to ensure that reporting is accurate, verifiable, auditable, relevant and comparable.
Please find AmCham EU's response to the EFRAG consultation on the Draft ESRS here.