EFRAG and CDP have announced a collaboration to accelerate the
market uptake of the European Sustainability Reporting Standards
(ESRS) under the Corporate Sustainability
Reporting Directive (CSRD).
CDP operates a global disclosure system, which already covers
climate change, forests, and water security, impacts and risks. CDP
will explore and implement alignment of its disclosure system with
the ESRS as EFRAG provides technical expertise, access and
guidance. The collaboration aims to support the market readiness
for quality environmental reporting by accelerating the
implementation of the ESRS.
CDP, supported by EFRAG, will begin to offer webinars and
detailed technical guidance materials to support companies report
on ESRS data points through CDP.