Consultations on delegated acts launched: European Commission publishes drafts for revised ESRS and the VS

The European Commission has today launched two separate four-week consultations on the revised ESRS as well as on the Voluntary Sustainability Reporting Standard (VS). The consultations will end on 03 June 2026.

Annexes have been published to the draft delegated acts, setting out the respective standards. For explanatory purposes, the European Commission has also included an Explanatory Memorandum, which outlines, among other things, the proposed amendments compared to the drafts submitted by EFRAG.

The DRSC will hold two public information events on 12 May 2026 on these consultations regarding the revised ESRS and the VS. Sven Dietrich (European Commission, DG FISMA) will provide an overview of the consultations during these events. Further information, including the registration link (deadline: 7 May 2026), is available online.

Georg Lanfermann, President of the DRSC, commented: “With the consultations on the draft legal acts of the revised ESRS and the VS, a further important step is being taken in the revisions to the European sustainability reporting framework that began in early 2025. The expected finalisation of the delegated acts by mid-year will ensure legal certainty for undertakings subject to reporting requirements, as well as clear voluntary guidance for all other undertakings.”