Sector specific standards needed for European Corporate Sustainability Reporting
Brussels, July 2022 – We, the undersigned organisations, welcome the European Commission’s legislation on Corporate Sustainability Reporting. We believe that this is an important step towards accountability, transparency and responsible business conduct. The garment sector has a high risk of human rights violations and negative environmental impacts. We therefore urge the European Financial Reporting Advisory Group (EFRAG) to set up sector specific standards for the garment sector.