Governance is primarily covered in the ESRS G1 Business Conduct section of the European Sustainability Reporting Standards framework (ESRS, November 2022 draft). Requirement G1-1 represents one of its six main areas. In this article, we cover the information required for reports under the G1-1 Corporate Culture and Business Conduct requirement.
The importance of the G1 standard is described in the first part of the Governance series.
Obviously, the Governance standards (including Requirement G1-1) need to be considered within the remaining ESRS standards, in particular ESRS 1 (General Principles) and ESRS 2 (General Requirements), and other regulations including those outside ESG legislation.
