AFEP publishes, with Medef and Acteo, the response of companies to the draft European sustainability reporting standards submitted for public consultation by EFRAG (European Financial Reporting Advisory Group)
The companies consider that the projects do not meet, on many points, either the requirements of the future CSRD directive, or the needs of companies and investors, and lack prioritization and alignment with international standards. They fear that
the proposed standards, due to the level of detail of the information to be disclosed,
put European companies at a disadvantage compared to their international competitors. A real simplification and a hierarchisation of indicators are therefore necessary to make these projects useful and applicable.