Together with 20 other organisations, ShareAction sent a letter to the President of the European Commission and the Commissioner for Financial services, financial stability and Capital Markets Union, Mairead McGuinness, following the decision of the Commission to postpone the development of the sector-specific European Sustainability Reporting Standards (ESRS). In the letter, we requested a clear timeline and commitment from the Commission to move forward in respect of what has been decided by the EU co-legislators in the negotiations of the Corporate Sustainability Reporting Directive (CSRD). In this context, we are calling for the integral adoption of the developed first set of sector-agnostic standards and the development of the sector-specific standards according to the foreseen timelines.