The revision of the ESRS introduces practical changes aimed at reducing administrative burden while maintaining the quality and comparability of ESG information.
Key Changes:
▪️ Narrower and More Focused Reporting Scope
The number of mandatory data points is expected to decrease by up to 61%, or by more than 70% if voluntary disclosures are excluded. This allows reporting to focus on truly relevant information.
▪️ Simplified Double Materiality Assessment (DMA)
A top-down approach is introduced, and requirements for risk management and mitigation measures are simplified—addressing one of the most challenging areas of ESG in practice.
▪️ Better Alignment with Global Standards
ESRS will be more closely aligned with ISSB and GRI standards, facilitating compliance with international reporting requirements within a single framework.
▪️ Greater Flexibility in the Value Chain
The pressure to obtain direct supplier data is reduced, and the use of qualified estimates is expanded where precise data are not available.
Current Status and Expected Timeline:
- December 2025 – EFRAG submitted technical advice to the European Commission following a 60-day public consultation
- First half of 2026 – Draft Delegated Act by the European Commission is expected, including an additional public consultation
- Effective date – The revised standards are expected to apply at the earliest for reporting on the 2027 financial year (with publication in 2028), although the exact effective date will be confirmed in the Delegated Act.
Our team is available to support you in navigating these ESRS changes and their implementation.