European Commission Publishes Delegated Act on Revised ESRS and Voluntary Sustainability Reporting Standard
The revised standards simplify and streamline sustainability reporting requirements and will apply to financial years beginning on or after 1 January 2027, with early adoption for financial year 2026 permitted once the delegated act enters into force.
The publication follows the European Commission’s request for technical advice from EFRAG on the revision of the ESRS. EFRAG submitted its technical advice in December 2025, after which the Commission published a draft delegated act for public consultation in May 2026.
At the same time, the European Commission also adopted and published a delegated act establishing a voluntary sustainability reporting standard for voluntary use.
Both delegated acts have now been transmitted to the European Parliament and the Council of the European Union for scrutiny in accordance with the legislative process. If not rejected, the delegated act enters into force after publication in the Official Journal of the EU.
Simplified ESRS
- Delegated Regulation (all languages)
- Annex C: text ESRS
- Staff working document
Voluntary Standard
- Delegated Regulation (all languages)
- Annex C: text Voluntary Standard (all languages)