If sustainability information preparation or presentation has changed from previous reporting periods, explain the changes, their reasons, disclose revised comparative figures (if possible), and indicate differences from prior figures.
CSRD
Changes in Preparation and Presentation:
Explain any modifications in the way sustainability information is prepared or presented (e.g., changes in methodology, data sources, reporting boundaries, or calculation standards). Clearly state the reasons for these changes (e.g., alignment with new regulations, improved data accuracy, internal policy updates).
Impracticability of Adjusting Prior Periods:
If it is not feasible to adjust comparative data from previous periods, provide a justification (e.g., lack of historical data, changes in data availability, methodological shifts preventing direct comparison).
Differences Between Previous and Revised Figures:
If prior period figures have been revised, clearly state the differences between the original and updated disclosures. Specify the nature and impact of these adjustments to ensure transparency in trend analysis.
https://xbrl.efrag.org/e-esrs/esrs-set1-2023.html#4150
Also in
BP-2 - Disclosures in relation to specific circumstances
- Has the company deviated from the standard medium- or long-term time horizons defined by ESRS 1? If so, specify your definitions and the reasons for applying them.
- If metrics include upstream and/or downstream value chain data estimated using indirect sources (e.g., sector averages or proxies), identify the metrics, describe the preparation basis, accuracy level, and any planned improvements.
- Identify any disclosed quantitative metrics or monetary amounts subject to high measurement uncertainty, specifying the sources of uncertainty and the assumptions, approximations, or judgments applied.
- If disclosing forward-looking information, indicate whether it is considered uncertain.
- If material prior period errors are identified, disclose the nature of the error, corrections made (if practicable), or explain why correction is not possible.
- If the sustainability statement includes information from other legislation or reporting standards beyond ESRS, disclose this and specify any partial application with precise references.
- If incorporating information by reference, provide a list of the ESRS disclosure requirements or specific datapoints referenced.