The EFRAG Administrative Board is responsible for EFRAG's organisation, administration, finance, due process, and oversight of both the Financial Reporting and Sustainability Reporting pillars. It is not involved in technical activities or positions. It regularly assesses and considers the risks to the organisation and its activities; ensures that sustainability requirements are considered and complied with by EFRAG; prepares the decisions and discussions of the EFRAG General Assembly; and approves the four-year EFRAG strategy, prepared with input from the EFRAG Reporting Boards (for further details on the tasks, see Art. 13 of the EFRAG Internal Rules).
The EFRAG Administrative Board operates four committees:
- Audit Budget and Risk Committee (ABRC)
- Due Process Committee (DPC)
- Nominating Committee (NC) - which, for certain tasks, is extended with respective EFRAG FRB and EFRAG SRB members.
- Remuneration Committee (RC)
