16/11/2021 - EFRAG sustainability reporting pillar - call for expressions of interest for EFRAG membership
In the proposal for a CSRD, EFRAG is the technical advisor to the EC preparing draft European sustainability reporting standards. Commissionner McGuinness invited EFRAG to reform its governance integrating the sustainability activities and a wide range of stakeholders in its governance bodies with an interest in sustainability reporting. EFRAG is now launching a call for expressions of interest for EFRAG membership, and invite all organisations including civil society to join its new sustainability reporting pillar. Expressions of interest are welcome by 8 December 2021.
EFRAG is launching a call for expressions of interest for new member organisations in order to have a balanced representation for all stakeholders with an interest in corporate reporting in its new sustainability reporting pillar.
EFRAG is looking to broaden its existing European Stakeholders Organisations Chapter and National Organisations Chapters and to populate its new Civil Society Chapter reflecting EFRAG’s public-private partnership model:
- European Stakeholder Organisations: preparers (corporates and financial institutions and asset managers); users, the accountancy profession and SMEs/SMPs
- National Organisations: national authorities/ministries or national standard setters or other forms of bringing national stakeholders together (countries)
- Civil Society: NGOs; academics; trade unions and consumer organisations
The EFRAG General Assembly will decide on the admission of new EFRAG Member Organisations in its 16 December meeting, therefore the deadline for applications to EFRAG membership has been set on 8 December 2021.
Later application for EFRAG membership is possible at any stage. However, early application allows new EFRAG Member Organisations to participate in the discussions on the EFRAG governance reform and nominate candidates for the new sustainability reporting bodies.
All applications must be submitted to nominations@efrag.org.
Further information can be obtained from the EFRAG Board President at jean-paul.gauzes@efrag.org or from the EFRAG CEO at saskia.slomp@efrag.org.
