IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/21437_7.html
   My bibliography  Save this book chapter

Sustainability reporting regulation: current situation and future developments

In: Research Handbook on Financial Accounting

Author

Listed:
  • Soledad Moya

Abstract

Sustainability reporting (SR) is going through crucial times with an increasing demand from stakeholders for useful, reliable and comparable information, and SR regulation plays a key role in its SR’s evolution and potential improvement. In this chapter we analyze the current developments regarding SR regulation in Europe, highlighting the main changes incorporated by the new Corporate Sustainability Reporting Directive (CSRD) and the main characteristics of the new European Sustainability Reporting Standards (ESRS) drafts, also comparing the social ones with the Global Reporting Initiative (GRI) proposals while additionally considering the IFRS foundation’s first steps. Our results show, first, that the European Union (EU) has extended the scope, information and assurance requirements of SR; second, that the social ESRS proposals are closely aligned with the GRI ones; third that the EU proposal looks to be, at the moment, wider than the IFRS Foundation one; and, fourth, that scope, target audience, double materiality and assurance are currently challenging topics.

Suggested Citation

  • Soledad Moya, 2024. "Sustainability reporting regulation: current situation and future developments," Chapters, in: Luz Parrondo & Oriol Amat (ed.), Research Handbook on Financial Accounting, chapter 7, pages 121-137, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:21437_7
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/doi/10.4337/9781803920597.00015
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:21437_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.