UnderESRS 2 and topical ESRS,external assurance is not required for all information reported. Instead, assurance requirements depend onspecific regulatory obligations and the phase-in periods set by the Corporate Sustainability Reporting Directive (CSRD).
Limited Assurance Requirement Initially
CSRDmandates limited assuranceover sustainability information at first, withreasonable assurance (more stringent) to follow in later years.
However,not all data points require assurance—only those specifically outlined in theEuropean Commission's assurance framework.
Mandatory Assurance for Some Disclosures
ESRS 2 covers general disclosures, but only certainmetrics and targets under specific topical ESRS require external assurance.
Appendix C of ESRS 2 outlines which disclosures require assurance.
Entity-Specific Exemptions & Phase-in Rules
Some disclosuresdo not require assurance if they are deemed immaterialbased on themateriality assessment.
SMEs and first-time reportershavephased-in assurance requirements.
Thus,external assurance is not required for all ESRS 2 and topical ESRS disclosures, making the statementTrue.
Commission Delegated Regulation (EU) 2023/2772
Compilation Explanations January - November 2024
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