Environmental, social and governance (ESG)

The EU Parliament continues negotiations on its position regarding proposed Omnibus changes to the CSRD and CSDDD.

Mid-market firms are scaling sustainability for growth, not just compliance. Grant Thornton’s International Business Report (IBR) 2025 report reveals how sustainability investments are driving profitability, resilience and global expansion — despite regulatory shifts and political uncertainty.

The ISSB has published guidance on IFRS SDS requirements for disclosing financial effects of sustainability-related risks and opportunities.

The European Financial Reporting Advisory Group has issued 12 Exposure Drafts revising all existing ESRS, with a 60-day public consultation period.

The European Commission has adopted 'quick fix' amendments to the European Sustainability Reporting Standards, providing relief for Wave 1 entities.

The educational material ‘Using ISSB Industry-based Guidance when applying ISSB Standards,’ is a useful resource for entities applying IFRS SDS, as it sets out disclosure topics and metrics that are normally relevant for entities with business models associated with specific industries.

A new Delegated Act has been released aiming to simplify reporting on the EU Taxonomy. The amendments aim to reduce the reporting burden for European entities.

The ISSB has published guidance on transition plan disclosures and profiles of jurisdictions that are already adopting IFRS SDS.

EFRAG’s new progress report includes updates on the status of the ESRS simplification efforts as well as new proposals for how to reduce the reporting burden.