30/03/2021 | EFRAG
February 2021 This Executive Summary highlights the main recommendations (54 proposals) of EFRAG’s Project Task Force on preparatory work for the elaboration of possible EU non-financial reporting standards (PTF). The detailed report taken as a whole reflects a large consensus. However, it is important to note that PTF members are not expected to endorse every recommendation or view entailed in this Report and each has the right to take a different view on some of the views expressed. These recommendations are made in a context where the content of the revised Non-Financial Directive (NFRD) is not finalised. These recommendations do not constitute a first attempt at standard-setting. Their objective is to describe the scope and structure of future sustainability reporting standards that contribute to the achievement of the EU’s policy objectives, not to setout specific disclosure requirements, indicators or metrics. The latter is a task for the EU’s future standards-setter.