Boosting social innovation for a fair green transition

The ultimate goal at Efimeron is to lead the transition toward a low-carbon, circular economy, by supporting SMEs taking the first steps of our common sustainable journey. Our passionate team of sustainability consultants is here to support companies in addressing the many challenges related to climate-change impact’s risks and opportunities, by helping them understand their impact, develop the right strategy and account for their results based on measurable and reliable data. We build together a collaborative ecosystem of green entrepreneurs to launch the new frontiers of sustainable growth.

Sept 2023



Introduction to the European Sustainability Report Standards

Within the legal framework set out by the European Green Deal, the new Corporate Sustainability Reporting Directive updates the whole social and environmental reporting structure that companies will have to implement. The European Financial Reporting Advisory Group or EFRAG indicated a list of requirements that have to be followed when undertaking reports based on the ESRS, European Sustainability Reporting Standards. 

The standards framework generated by EFRAG is divided in two sections: 

  1. The first one enlists a series of cross-cutting standards with a larger spectrum of applicability regardless of the specific sector a business belongs to and regardless of any specific topic the standard falls under.
  2. The second section presents a series of topic standards organized in 3 main categories: 


  • Environmental Standards: 
  • Climate change; 
  • Pollution; 
  • Water and Marine resources; 
  • Biodiversity and ecosystems; 
  • Resource use and circular economy.


  • Social Standards:  
  • Own workforce;
  • Workers in the value chain; 
  • Consumers and end users; 
  • Affected communities.


  • Governance Standards: 
  • Business Conduct.


In this article, we will focus on the Environmental Standards designed by the draft ESRS system. You will be provided with a comprehensive description of the ESRS system in order to understand which kind of requirements the broad number of companies subjected to the new Corporate Sustainability Reporting Directive will have to meet and which information they will be asked to disclose in order to give an evaluation of their environmental statement.