DRSC/AFRAC: German Translation of ESRS Set 1 Terms Submitted to the EU Commission

On 26 June 2026, the Accounting Standards Committee of Germany (DRSC) and the Austrian Financial Reporting Advisory Committee (AFRAC) submitted to the European Commission a list of systematically reviewed German translations of key technical terms used in ESRS 1 to ESRS S1 and ESRS G1 of the currently applicable ESRS Set 1.

The submission is intended to support the European Commission in preparing the German-language version of the simplified ESRS for inclusion in the forthcoming delegated act. DRSC and AFRAC aim to contribute to a high-quality German-language version and thereby minimise the need for subsequent amendments, which would likely require considerable effort and resources.

Background:

Following the general amendments to the German-language version of ESRS Set 1 introduced by Corrigendum OJ L, 2024/90457 of 9 August 2024, a joint project group of the DRSC and AFRAC undertook a further review of the German translation.

Since September 2024, the DRSC and AFRAC, through their joint project group, have systematically reviewed and compiled translations of key technical terms (English–German) contained in ESRS 1 to ESRS S1 and ESRS G1 of the currently applicable Set 1 of the ESRS. In the course of this review, the project group identified a number of terms and phrases that could be translated more precisely or that have not been translated consistently throughout the ESRS. On this basis, a comprehensive list of all reviewed terms has been prepared, including comments and proposed improvements.