About Connectivity
Connectivity is pivotal to the enhancement of the corporate reporting system. In June 2022, the EFRAG FRB approved the addition of a project on the connectivity between financial reporting and sustainability reporting to the EFRAG proactive research workplan. This project was top-ranked in priority during the May 2021 EFRAG proactive agenda consultation.
Key milestones
Meetings with EFRAG Reporting TEGs and Boards
EFRAG Connectivity Project Deliverables
EFRAG and other publications and events
EFRAG Connectivity Advisory Panel
Key Milestones
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EFRAG connectivity project initial paper “Connectivity considerations and boundaries of different Annual Report sections”, short version of the paper, and video with key takeaways by EFRAG CAP leaders
- 2023 EFRAG Conference
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Launch of the EFRAG Connectivity Advisory Panel (Selected from 158 applicants)
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May 2023 EAA Conference – EFRAG symposium on connectivity
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1 June 2022 EFRAG FRB meeting project initiation
Meetings with EFRAG FR and SR Reporting TEGs and Boards
- 26 June 2024 FRB SRB - Closed session
8 February 2023 FRB & FR TEG – Approval of project scope
17 January 2023 FR TEG & SR TEG – Project scope
1 June 2022 FRB – Project initiation
18-19 May 2022 FR TEG – Project initiation (Due to being the top-ranked proactive research project in EFRAG’s 2021 agenda consultation
EFRAG Connectivity project deliverables
EFRAG connectivity project initial paper “Connectivity considerations and boundaries of different Annual Report sections”, short version of the paper, and video with key takeaways by EFRAG CAP leaders
EFRAG and other publications and events
EFRAG
- 2023 EFRAG Conference
- July 2023 ESRS Delegated Act
- May 2023 EAA Conference – EFRAG symposium on connectivity
- 2022 EFRAG Conference
- 2021 EFRAG PTF-NFRS report “Proposals for a relevant and dynamic EU sustainability reporting standard-setting”
- 2021 EFRAG PTF-NFRS report appendix 4.4 “Interconnection between financial and non-financial information”
- 2021 EFRAG PTF-RNFRO report “Towards Sustainable Businesses: Good Practices in Business Model, Risks and Opportunities Reporting in the EU”
Other stakeholder publications and events
- April 2024 IFASS meeting
- September 2023 IFASS meeting
- June 2023 IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information
- January 2023 IFASS meeting
- April 2023 IFASS meeting
- 2021 IASB Management Commentary Practice Statement Exposure Draft
- 2021 Integrated Reporting framework
EFRAG Connectivity Advisory Panel
The EFRAG CAP is a 22-person multi-stakeholder advisory group (consisting of preparers, users, academics, auditors, enforcers, and consultants) with financial reporting, sustainability reporting, and cross-sectoral expertise. Its remit is to provide input to the EFRAG Secretariat and technical bodies supervising the EFRAG connectivity project (EFRAG Technical Expert Groups and EFRAG FRB) and actively contribute to the development of the EFRAG connectivity project deliverables. This contribution includes guiding and participating in the EFRAG Secretariat’s development of conceptual scene setting content, development of illustrations of connectivity, and formulating any recommendations. Its members were selected out of 158 applicants.
EFRAG CAP is chaired by Jens Berger. Concepts sub-group leader is Leo van der Tas and Examples development sub-group leader is Cédric Tonnerre.
More details, including on the EFRAG CAP’s composition can be found here.
