A series of early-stage working papers provide insight into how a proposed EU legislation might expand companies’ ESG reporting obligations.

On 21 April 2021, the European Commission adopted the Corporate Sustainability Reporting Directive (CSRD), a legislative proposal to strengthen the nature and extent of sustainability/ESG reporting in the European Union. The CSRD’s adoption marked a significant development in the ESG reporting landscape, and the proposed changes would constitute substantial regulatory reform in the ESG reporting space.