News

16. December 2025

CSRD: Conclusion of trilogue negotiations on the substance proposal

On 16 December 2025, the EU Parliament voted in favour of the provisional agreement reached on 9 December 2025 between the EU Parliament and the EU Council on the EU Commission's proposal for an amending directive to simplify sustainability reporting in accordance with CSRD and due diligence obligations in accordance with CSDDD. The Committee of Permanent Representatives (COREPER) of the EU Council had already announced on 10 December 2025 that the EU Council would also vote in favour of the provisional agreement if the European Parliament did so. Read more

15. December 2025

Seventh ASCG Preparer Forum on the Implementation of IFRS 18

On 15 December 2025, the ASCG’s preparer forum on the implementation of IFRS 18 Presentation and Disclosure in Financial Statements met for the seventh time. Read more

15. December 2025

EFRAG publishes VSME Supporting Guides

On 11 December 2025, EFRAG published three Supporting Guides for disclosures under the VSME standard, which were identified as particularly challenging during the public consultation and field test of the VSME in spring 2024. Read more

10. December 2025

Sustainability Standards Conference 2026 – Invitation

On 18 May 2026, the third edition of the Sustainability Standards Conference will take place at Goethe University in Frankfurt am Main. Registration for the conference is now open, further information on the programme will follow. Read more

9. December 2025

CSRD: Preliminary agreement reached in trilogue negotiations on the substance proposal

On 9 December 2025, the JURI Committee of the European Parliament and the EU Council of Ministers reached a provisional agreement on the European Commission's proposal for an amending directive to simplify sustainability reporting under CSRD and due diligence obligations under CSDDD. Read more

4. December 2025

IASB publish Exposure Draft ED/2025/1 Risk Mitigation Accounting

On 3 December 2025, the IASB have published for comments the Exposure Draft ED/2025/1 “Risk Mitigation Accounting – Proposed Amendments to IFRS 9 and IFRS 7”. This Exposure Draft is open for comments until 31 July 2026. Read more

4. December 2025

EFRAG launches ESRS Knowledge Hub

On 4 December 2025, EFRAG launched the ESRS Knowledge Hub, an interactive online platform designed to help undertakings, practitioners and all other sustainability reporting stakeholders in navigating the ESRS and other sustainability reporting materials from EFRAG. Read more

3. December 2025

ESRS Set 1: EFRAG publishes technical advice to the European Commission

On 3 December 2025, EFRAG published its technical advice on the revision of ESRS Set 1 (Delegated Regulation (EU) 2023/2772) to the European Commission. In addition to the technical advice, a markup version of the changes to the exposure drafts and a summary of the revision (factsheet) were also published. Read more