Questions & Answers
Regarding the number of currently outstanding legal proceedings for late payments, are you referring to ‘currently outstanding’ that remained opened in the reporting year or also closed in the reporting year?
- Late payments
- legal proceedings
Background
ESRS G1 paragraph 33 (c) refers to the ‘number of legal proceedings currently outstanding for late payments’ when stating what the disclosure under paragraph 31 shall include, under G1-6 Payment Practices.
Answer
The Disclosure Requirement refers specifically to those legal proceedings that have not been legally resolved at year-end. Further information or additional remarks regarding closed legal proceedings related to late payments during the year may be disclosed under ESRS G1 paragraph 33 (d), which states that the undertaking shall disclose ‘complementary information necessary to provide sufficient context’.
Relations
Paragraph | Content |
|---|---|
the number of legal proceedings currently outstanding for late payments; and | |
the number of legal proceedings currently outstanding for late payments; and | |
the number of legal proceedings currently outstanding for late payments; and |