02-02_-_for_information_-_sod_efrag_frb_5_june_2025_-_efrag_fr_teg_25-07-01.pdf

Here are the key points summarized:

Summary of Decisions

• The EFRAG Research Project on Connectivity between Financial Reporting and Sustainability Reporting was discussed.
• The project aims to provide a framework for connecting financial reporting and sustainability reporting.
• The publication date of the Discussion Paper (DP) was postponed from September 2025 to November 2025 to accommodate input from EFRAG's Sustainability Reporting pillar.

Chapter 1: Background

• Members agreed with the content of Chapter 1, including the benefits of connectivity and scope.

Chapter 2: Concepts underpinning the illustrations of connectivity in the DP

• Members suggested enhancing readability and providing specific anchor points.
• One member asked to link SR anchor points to financial statements anchor points on a one-to-one basis.

Chapter 3: Illustrations of connectivity and practical challenges in implementing connectivity

• Members considered the shared illustrations beneficial for enhancing practice.
• A few members recommended introducing a consistent structure and including additional context.

Chapter 4: Roadmap for enhancing connectivity and definition of boundaries of different reports

• Members agreed to provide recommendations for standard setters, excluding preparers.
• One member asked if it would be appropriate to make recommendations to EFRAG in its role as a standard setter.