While much of the debate around the EU’s sustainability reporting overhaul has focused on reducing reporting burdens, a parallel story is unfolding around digitisation. Presenting at XBRL Europe’s Digital Reporting in Europe on 28 May, Richard Bössen outlined EFRAG’s growing focus on digital implementation, interoperability and machine-readable ESG data.
The European Financial Reporting Advisory Group (EFRAG) released the latest edition of its EFRAG Update Podcast earlier this week, offering an audio-based roundup of the latest developments in financial and sustainability reporting.
The European Commission this week launched a one-month “Have Your Say” public consultation on draft final versions of the revised European Sustainability Reporting Standards (ESRS) and the rules underpinning the VSME – the new voluntary reporting standard
The European Financial Reporting Advisory Group (EFRAG) has submitted its Sustainability Reporting Work Programme for 2026 to the European Commission, setting out its priorities for the year ahead.
EFRAG is seeking stakeholder feedback on proposals from the International Accounting Standards Board (IASB) concerning risk mitigation accounting, a project aimed at improving how entities reflect dynamic risk management strategies in their financial statements.
European financial reporting advisory body EFRAG has written to the International Accounting Standards Board (IASB) requesting that the effective date of the new IFRS 20 standard be pushed back by one year, from 1 January 2029 to 1 January 2030.
The European Financial Reporting Advisory Group (EFRAG) is making its sustainability standards easier to navigate, launching an interactive version of its draft Simplified European Sustainability Reporting Standards (ESRS) on its Knowledge Hub platform.
Europe’s sustainability reporting machinery continues to evolve. EFRAG has released an updated version of its VSME Digital Template, adding Dutch and Irish language versions and, usefully for many preparers, introducing a new data migration tool designed to carry existing reports smoothly into the latest template.
Two of Europe’s key financial authorities have weighed in on proposed changes to the European Sustainability Reporting Standards (ESRS), welcoming simplification but warning against any loss of substance.
As Europe recalibrates its sustainability reporting regime, The European Insurance and Occupational Pensions Authority (EIOPA) has issued its Opinion on the draft revised European Sustainability Reporting Standards (ESRS), responding to technical advice from European Financial Reporting Advisory Group (EFRAG).
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