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ARTICLE · 07 AUGUST 2025

EFRAG Publishes Amended ESRS Exposure Drafts

Arendt & Medernach
Arendt & Medernach
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Arendt & Medernach

Arendt & Medernach

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EFRAG's long-awaited revised European Sustainability Reporting Standards (ESRS) are now open for public consultation – promising a 68% reduction in overall disclosures (notably via the removal of voluntary...

LuxembourgCorporate/Commercial Law
Emmanuelle Mousel
Emmanuelle Mousel
Corinne Prinz
Corinne Prinz
Stéphane Badey
Stéphane Badey
Philippe Harles
Philippe Harles
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EFRAG's long-awaited revised European Sustainability Reporting Standards (ESRS) are now open for public consultation – promising a 68% reduction in overall disclosures (notably via the removal of voluntary "may disclose" options), a simplified structure, and a major shift toward a fair presentation regime.

Context

On 31 July 2025, EFRAG published the amended ESRS Exposure Drafts (EDs) as part of the Omnibus revision effort. These revisions aim to reduce reporting burdens, clarify expectations, and increase alignment with international frameworks. The revised EDs, which are open to public consultation until 29 September 2025, concern all 12 ESRS and are accompanied by detailed logs of amendments, new implementation guidance, and a glossary.

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