IDW Publishes Module Statements on Sustainability Reporting

The five modules, each standalone and separately approved by the IDW, address specific questions related to ESRS-compliant double materiality assessment and the scope of consolidation:

In addition to extensive explanations on each topic, the guidance also includes numerous schematic illustra­tions and examples, offering practical assistance for meeting complex reporting requirements.

Draft versions of four additional modules covering topics such as reporting boundaries, com-pany-specific disclosures, operational control, and gender pay gaps were open for consulta-tion until November 15, 2024, and will probably soon be finalized. Furthermore, seven new draft modules were published on November 29, 2024, including interpretations of the phase-in provisions regulated in ESRS 1, the derivation from material topics to material disclosure re-quirements and data points, and the procedure for identifying and assessing climate-related risks. The drafts are freely accessible on the IDW website​ and the deadline for comments is March 31, 2025. The final approved modules are available for access or purchase online through the IDW databases.