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World Accounting Report

EFRAG - sustainability standards

Series of videos providing educational material released

The European Commission (EC) is currently working on the adoption of sustainability reporting standards into European Union (EU) law. There have been concerns about how European companies will cope with the significant step change in their reporting on sustainability matters in 2024. EFRAG has recently released a series of videos providing educational material about the standards, which will serve as a good starting point for any company preparing to comply with the new requirements. This article provides a high-level overview of the standards; their specific provisions will be covered in forthcoming editions.

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