Label linkbases for additional languages to ESEF

DRAFT STATUS

The use of the ESEF taxonomy opens the possibility of contributing with common files (modules), in addition to the canonical ESEF taxonomy as published by the ESMA, which in turn uses files from IFRS Foundation, XBRL International and the World Wide Web Consortium.

Potential common modules, currently under research, may be an extension for Environmental, Social and Governance indicators (ESG) or a link with ratios of IFRS consolidated accounts published by the European Committee of Central Balance Sheet Data Offices, being aware of Article 5 of ESEF RTS.

In  practical terms, the Openfiling Association published an Open Source solution for the about of 500 labelRoles missing in the ESEF taxonomy in each of 22 languages other than English. The lack of such labelRoles may cause troubles when viewing the ESEF reports. These labelRoles are publicly available  for download from www.openfiling.info/labelroles.

Common XBRL resources are hosted in the Eurofiling domain according to CEN specifications CWA 16744-3 as explained here

Eurofiling hosts label linkbase files with the missing labelRoles. Interested entities can reference these files from the entity extension taxonomy XSD schema as mandatorily defined in the taxonomy package. See the rationale in this document and also an example of use in the taxonomy package of the Eurofiling Annual Report 2019.