Companies required to disclose and publish sustainability information under the EU Corporate Sustainability Reporting Directive (CSRD) and the EU Taxonomy Regulation have the opportunity to comment on the European Securities and Markets Authority’s (ESMA) approach to enforcement when the requirements take effect from 1 January 2025.

Growing consensus on the need to create regulated standards on ESG data has been given a boost with the publication of a set of recommendations by the international securities standards setting body for global regulators.