On 6 December, the European Financial Reporting Advisory Group (EFRAG) released a new batch of 64 explanations on the European Sustainability Reporting Standards (ESRS) which has been added to its Compilation of Explanations on the ESRS – or EFRAG ESRS Q&A Platform.
With the addition of the new batch, categorised as November batch, the Compilation of Explanations on the ESRS now presents a total of 157 explanations. Amongst the 64 explanations of November, the secretariat is presenting the most relevant ones for (re)insurers.
Explanation to ID 803 – Own operations versus operational control has not been approved yet by EFRAG Sustainability Reporting Board, therefore it was not included in the November batch.
EFRAG informed that its work on the ESRS Q&A Platform will experience a “quiet period” in January-February 2025, and it is expected to resume in March 2025.
EFRAG releases new batch of explanations on ESRS.pdf
Insurance Europe