ESRS (revised 2026)

The revised European Sustainability Reporting Standards that undertakings in the scope of the EU Accounting Directive apply from financial years beginning in 2027: how double materiality decides what is reported, how the sustainability statement is prepared, structured and connected to the accounts, the cross-cutting governance, strategy, materiality and policy, action, metric and target disclosures, and the disclosure requirements of the ten topical standards on climate, pollution, water, biodiversity, circular economy, own workforce, value chain workers, communities, consumers and business conduct. It comprises 98 controls organised across 12 domains, and applies in the European Union.