Omnibus Cuts Non-EU Companies in the Scope of CSRD from 10,000 to 1,200: EFRAG

The number of non-EU companies remaining in the scope of the EU’S Corporate Sustainability Reporting Directive (CSRD) following the European Commission’s Omnibus simplification initiative will fall to approximately 1,200 from around 10,000, according to European Financial Reporting Advisory Group (EFRAG). EFRAG also announced that it has resumed work on the sustainability reporting standard development for … Continue reading Omnibus Cuts Non-EU Companies in the Scope of CSRD from 10,000 to 1,200: EFRAG