Under the CSRD, entities will adhere to European Sustainability Reporting Standards (ESRS) developed by the European Financial Reporting Advisory Group (EFRAG). These standards, published in December 2023 in Commission Delegated Regulation (EU) 2023/2772, mandate detailed disclosures aligned with the principle of "double materiality", considering both impact and financial materiality. Auditors will conduct limited assurance engagements to ensure compliance with CSRD requirements and the ESRS.