Postponement of Sustainability Reporting Standards Adoption

by name voted on 10.04.2024

Summary

The proposal aims to delay the adoption of certain sustainability reporting standards by two years to reduce the administrative burden on companies, allowing them more time to implement existing requirements.

9 10.04.2024

Report

economy

environment

administrative law

business and competition

Key points

The proposal seeks to delay the adoption of certain sustainability reporting standards by two years.
The deadline for adopting sector-specific and third-country undertaking standards is moved from June 2024 to June 2026.
The Commission is encouraged to adopt at least eight sustainability reporting standards as soon as they are ready, rather than waiting for the final deadline.
New requirements are proposed to ensure the Commission consults with the European Parliament annually regarding future reporting standards.

Vote

PPE

S&D

Renew

Verts/ALE

ECR

ID

NI

The Left

Total

Documents (PDFs)

DRAFT REPORT on the proposal for a decision of the European Parliament and of the Council on amending Directive 2013/34/EU as regards the time limits for the adoption of sustainability reporting standards for certain sectors and for certain third-country undertakings DRAFT OPINION on the proposal for a decision of the European Parliament and of the Council amending Directive 2013/34/EU as regards the time limits for the adoption of sustainability reporting standards for certain sectors and for certain third-country undertakings REPORT on the proposal for a decision of the European Parliament and of the Council on amending Directive 2013/34/EU as regards the time limits for the adoption of sustainability reporting standards for certain sectors and for certain third-country undertakings OPINION on the proposal for a decision of the European Parliament and of the Council amending Directive 2013/34/EU as regards the time limits for the adoption of sustainability reporting standards for certain sectors and for certain third-country undertakings Amending Directive 2013/34/EU as regards the time limits for the adoption of sustainability reporting standards for certain sectors and for certain third-country undertakings

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