Indicate whether the following statement is true or false.

UnderESRS 2 and topical ESRS,external assurance is not required for all information reported. Instead, assurance requirements depend onspecific regulatory obligations and the phase-in periods set by the Corporate Sustainability Reporting Directive (CSRD).

Limited Assurance Requirement Initially

CSRDmandates limited assuranceover sustainability information at first, withreasonable assurance (more stringent) to follow in later years​.

However,not all data points require assurance—only those specifically outlined in theEuropean Commission's assurance framework.

Mandatory Assurance for Some Disclosures

ESRS 2 covers general disclosures, but only certainmetrics and targets under specific topical ESRS require external assurance.

Appendix C of ESRS 2 outlines which disclosures require assurance​.

Entity-Specific Exemptions & Phase-in Rules

Some disclosuresdo not require assurance if they are deemed immaterialbased on themateriality assessment​.

SMEs and first-time reportershavephased-in assurance requirements.

Thus,external assurance is not required for all ESRS 2 and topical ESRS disclosures, making the statementTrue.

Commission Delegated Regulation (EU) 2023/2772​

Compilation Explanations January - November 2024​

Official References: