On 10 July 2025, the EFRAG SR TEG is meeting to review the draft Amended ESRS Exposure Draft working documents. The meeting aims to identify any remaining concerns or reservations and determine key aspects to be explored further during the upcoming public consultation scheduled for the end of July.
These working documents reflect the European Commission’s mandate to EFRAG to simplify and streamline the first set of European Sustainability Reporting Standards (ESRS). The goal is to alleviate reporting burdens while preserving the ambition of the CSRD and the European Green Deal.
Notable updates include:
- Simplification of the double materiality assessment
- Greater clarity on materiality and disclosures
- Better structure and readability of sustainability statements
- A reduction of approximately 66% in mandatory datapoints