17 August 2022

Slow down on sustainability drafts

Multiple-choice questions: In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please reread the article before attempting the questions again

  1. Which body is formulating the EU's proposed sustainability reporting standards?

  2. When is the EU expected to release the new standard?

  3. How many exposure drafts has EFRAG published?

  4. Which type of organisation will have to start reporting at the earliest date?

  5. Which of the following is NOT the focus of an EFRAG exposure draft?

  6. Why are Accountancy Europe and the Global Reporting Initiative concerned about the reporting requirements for the proposed standards?

  7. Which organisation is developing a global baseline of guidance on sustainability reporting?

  8. What is double materiality reporting?

  9. When is the final tranche of companies due to begin reporting?

  10. What is the European Commission's core environmental policy?