{"id":30971,"date":"2024-06-19T09:32:23","date_gmt":"2024-06-19T07:32:23","guid":{"rendered":"https:\/\/www.laragon.es\/efrag-presents-three-guidelines-to-implement-esrs-and-to-comply-with-the-corporate-sustainability-reporting-directive-csrd\/"},"modified":"2024-06-19T10:05:25","modified_gmt":"2024-06-19T08:05:25","slug":"efrag-presents-three-guidelines-to-implement-esrs-and-to-comply-with-the-corporate-sustainability-reporting-directive-csrd","status":"publish","type":"post","link":"https:\/\/www.laragon.es\/en\/efrag-presents-three-guidelines-to-implement-esrs-and-to-comply-with-the-corporate-sustainability-reporting-directive-csrd\/","title":{"rendered":"EFRAG presents three guidelines to implement ESRS and to comply with the Corporate Sustainability Reporting Directive (CSRD)"},"content":{"rendered":"\n

EFRAG has published its first three ESRS Implementation Guidance documents reflecting the outcome of public feedback: EFRAG IG Materiality Assessment<\/a>, EFRAG IG 2 Value Chain<\/a> and EFRAG IG 3 ESRS Datapoints.<\/a><\/p>\n\n

By prioritising these documents, EFRAG aims to support companies and other stakeholders in the implementation of NERS by helping them to focus on the aspects of the standards that are most relevant to them and by illustrating the information requirements with practical language and frequently asked questions.<\/p>\n\n

Gu\u00eda 1: Gu\u00eda de aplicaci\u00f3n de la evaluaci\u00f3n de la materialidad (MAIG)<\/strong><\/h2>\n\n

The first of these guides, known as MAIG, provides a detailed and illustrative process for assessing materiality in companies. This guide not only clarifies the concept of financial materiality, but also explores impact materiality, offering a more comprehensive understanding of how to identify and prioritise material aspects of sustainability.<\/p>\n\n

MAIG is designed to help companies effectively identify, assess and disclose material sustainability-related impacts, risks and opportunities. It provides practical guidance on how organisations can structure their reporting to adequately reflect these critical elements, ensuring that stakeholders receive relevant and accurate information.<\/p>\n\n

Key aspects of the Guide<\/strong><\/h3>\n\n

The document is structured in five main chapters, each addressing different facets of the materiality assessment process:<\/p>\n\n

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  1. Introduction and Overview:<\/strong> This chapter sets the context by explaining the purpose and structure of the guidance, emphasising its non-binding nature but its role in supporting ESRS compliance. It also highlights the process followed by EFRAG in the development of this guide.<\/li>\n\n\n\n
  2. The ESRS Approach to Materiality<\/strong>This section elaborates on the concept of dual materiality, which considers both impact materiality (the effects of a company’s activities on the environment and society) and financial materiality (the effects on the company’s financial performance). The guidance describes the criteria for determining the materiality of information, the scope of application and considerations for the entire value chain, including upstream and downstream impacts.<\/li>\n\n\n\n
  3. Conducting the Materiality Assessment:<\/strong> Detailed steps for conducting a materiality assessment are provided, including:\n