EFRAG Names 71 Experts to Create Standards Proposals

The body charged with drafting sustainability reporting standards for the European Union’s regulators has put in place a team of 71 experts to begin the process. The European Financial Reporting Advisory Group (EFRAG) appointed experts from finance, academia, industry, NGOs and the small business sector. They will sit on 11 Expert Working Groups that have been tasked with hammering out a set of standards that can provide the underpinnings of the union’s Corporate Sustainability Reporting Directive. EFRAG put out a call for potential members in August and said it had chosen the 71 from “very large number of high quality applications”.