Sonstiges
Sonstiges
25 March 2022

European Parliament’s Committee on Legal Affairs Votes on Draft CSRD

The European Parliament's Committee on Legal Affairs (JURI) has taken the lead in discussion the Commission’s Draft for a Corporate Sustainability Reporting Directive (CSRD) and voted on it at its meeting of 14 March 2022. From what we hear, JURI had the following views:

The audit of the sustainability report should not be conducted by the company's auditor.

  • The Member States’ option for sustainability audits to be conducted by independent providers of audit-related services should remain.
  • The area of application of the CSRD should be extended to companies from third countries that operate in the EU Single Market.
  • Capital-market oriented micro-businesses should be excluded from the area of application of the CSRD.
  • Small and medium-sized companies should be supported by the Member States in voluntary applications of the reporting standards. Awarding a (sustainability) certificate or financial funds might be considered.
  • The Commission should lay down additional reporting criteria for companies with relevant economic activities in high-risk sectors (textiles, agriculture, mining, minerals).

The Plenary is to vote on the JURI views in a session on 23 March 2022. This will be followed by a trialogue, with the European Council and the EU Commission.

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