Jurisdiction
For products sold in EU
Law Summary
These forthcoming ESRS will provide detailed, sector-specific sustainability reporting rules under the CSRD, including potentially for textiles. However, their adoption by the European Commission has been postponed, likely until 2026 or later, delaying their mandatory application for relevant companies.
Law Obligation
The CSRD required that the European Commission adopt sector-specific standards by 30 June 2024. This second set of standards contains reporting requirements for specific “high-risk” sectors including: “Textiles, Accessories, Footwear and Jewellery”. The reporting requirements for specific sectors are now expected to be adopted by the Commission by 30 June 2026.
