§2 Assurance of the sustainability information to be reported under Article 40a of the Accounting Directive (sustainability report for certain third-country undertakings)

Commission Notice on the interpretation of certain legal provisions in Directive 2013/34/EU (Accounting Directive), Directive 2006/43/EC (Audit Directive), Regulation (EU) No 537/2014 (Audit Regulation), Directive 2004/109/EC (Transparency Directive), Delegated Regulation (EU) 2023/2772 (first set of European Sustainability Reporting Standards, ‘first ESRS delegated act’), and Regulation (EU) 2019/2088 (Sustainable Finance Disclosures Regulation, ‘SFDR’) as regards sustainability reporting · European Union

Under Article 40a(3) first subparagraph of the Accounting Directive, the subsidiaries or branches subject to sustainability reporting under Article 40a of the Accounting Directive must obtain an assurance opinion on the sustainability report (66). The third-country parent undertaking is responsible for providing the assurance opinion on the sustainability report to the relevant subsidiary or branch (67). This assurance opinion must concern the compliance of this sustainability report with the relevant requirements set out in the Accounting Directive, including the compliance of the sustainability report with the ESRS adopted pursuant to Article 40b of the Accounting Directive. This assurance opinion must be expressed by one or more person(s) or firm(s) authorised to give an opinion on the assurance of sustainability reporting under the national law of the third-country undertaking or of a Member State (68).

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Source: EUR-Lex (Cellar) · retrieved 2026-09-07