World Accounting Report
European news
Update on European sustainability standards
In the context of its extended remit to develop European standards for corporate reporting on sustainability matters, EFRAG
has been moving quickly to put in place the necessary changes to its organisational structure, in parallel with the technical
work on the first batch of standards. It has recently announced the composition of its new Board and finished the first phase
of development work. It has also published its due process procedures for standard-setting.