ESRS E1
ESRS E1 is the European Sustainability Reporting Standard that specifies climate-change disclosures for undertakings within its applicable reporting framework. Applying ESRS E1 requires a stated reporting boundary, decision user, financial instrument, materiality lens, and governance responsibility. Those choices determine how ESRS E1 can be compared or acted upon.
In simple terms
In practical use, ESRS E1 is the European Sustainability Reporting Standard that specifies climate-change disclosures for undertakings within its applicable reporting framework. For ESRS E1, users need to identify the issuing authority, applicable edition, covered requirements, and basis for any conformance statement within a declared reporting boundary, decision user, financial instrument, materiality lens, and governance responsibility. ESRS E1 connects with European Sustainability Reporting Standards and Sustainability reporting assurance; each can affect its application without sharing its definition. The candidate link between ESRS E1 and Sustainable finance taxonomy remains a separate expansion question supported here by European Union.
Why it matters
ESRS E1 matters because decisions about it determine what enters a disclosure or transaction, which decision user it serves, and who is accountable for supporting evidence. A defensible use of ESRS E1 therefore exposes its boundary, method, evidence, responsible actor, and uncertainty before a conclusion is accepted. That discipline keeps European Sustainability Reporting Standards and Sustainability reporting assurance from being treated as proof of ESRS E1 when their criteria, scope, or results differ.
Example
A reporting and finance team evaluates ESRS E1 for a defined decision and records the relevant reporting boundary, decision user, financial instrument, materiality lens, and governance responsibility. For ESRS E1, the team uses cited material from European Union to apply the cited requirements and disclose the version used, documenting the period, data, assumptions, and comparison with European Sustainability Reporting Standards. It treats Sustainability reporting assurance and Sustainable finance taxonomy as separate questions rather than proxies for ESRS E1.
How it differs
European Sustainability Reporting Standards
ESRS E1 is a framework or standard; European Sustainability Reporting Standards has a different function. Evidence for European Sustainability Reporting Standards does not establish ESRS E1 unless both sets of applicable criteria are met.
References
Current status
- As of
- Issuer
- European Union
- Instrument or version
- Commission Delegated Regulation (EU) 2023/2772: European Sustainability Reporting Standards
- Status
- This entry reflects the cited authoritative sources on the stated date. Check the issuer for later amendments, replacements, or implementation guidance.
Applicability: Applicability depends on the instrument's stated scope, edition, jurisdiction, eligibility rules, and implementation requirements; this dictionary entry does not determine whether a particular organization, activity, or transaction is covered.