77. When preparing its sustainability statement, the undertaking shall adopt the following time intervals as of the end of the reporting period:
(a) for the short-term time horizon: the period adopted by the undertaking as the reporting period in its financial statements;
(b) for the medium-term time horizon: from the end of the short-term reporting period defined in (a) up to 5 years; and
(c) for the long-term time horizon: more than 5 years.
78. The undertaking shall use an additional breakdown for the long-term time horizon when impacts or actions are expected in a period longer than 5 years if necessary to provide relevant information to users of sustainability statements.
79. If different definitions of medium- or long-term time horizons are required for specific items of disclosure in other ESRS, the definitions in those ESRS shall prevail.
80. There may be circumstances where the use of the medium- or long-term time horizons defined in paragraph 77 results in non-relevant inform
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