A revised and simplified Exposure Draft for the European Sustainability Reporting Standards (ESRS) was launched to collect stakeholder feedback. Key aspects of the Exposure Draft include:
- Streamlining the double materiality assessment
- Reducing overlap across standards
- Clarifying language and structure
- Eliminating voluntary disclosures
Mandatory data points have been reduced by 57% and the length of standards shortened by over 55%. The aim of the changes is to “make sustainability reporting under the Corporate Sustainability Reporting Directive (CSRD) more manageable while preserving its relevance and alignment with the European Green Deal.” Comments must be submitted by September 29, 2025. Technical advice must be submitted by EFRAG to the European Commission by November 30, 2025.
Read the release.
Access the Amended ESRS Exposure draft web page.
