EU CSRD: EFRAG publishes revised ESRS for public consultation

On 31 July 2025, EFRAG published the revised Exposure Drafts of the European Sustainability Reporting Standards (ESRS) under the Corporate Sustainability Reporting Directive (CSRD) for a public consultation which closes on 29 September 2025.

According to the EFRAG press release, the revision of the ESRS includes streamlining the double materiality assessment, reducing overlaps across standards, clarifying language and structure, and removing all voluntary disclosures. New relief mechanisms have also been introduced, such as exemptions where reporting would cause undue cost or effort.

EFRAG announced that, in total, mandatory datapoints (to be reported if material) have been reduced by 57%, and the overall length of the standards has been shortened by over 55%. Voluntary disclosure (‘may disclose’ datapoints) have been eliminated. 

In addition to the public consultation survey, the documents published by EFRAG include:

• 12 revised Exposure Drafts and the Amended Glossary 
• Basis for Conclusions that explains the rationale and methodology behind the amendments to the ESRS
• Log of amendments for each of the 12 Exposure Drafts and a Mark-up for the amended Glossary 
• Non-Mandatory Implementation Guidance  
• One Pager briefing  
• FAQ  
• Consolidated Feedback (a summary of comments gathered through conducted interviews and outreach events prior to the Exposure Drafts).

Background and timings

As part of the Omnibus I package, the European Commission announced its intention to revise the first set of ESRS to substantially reduce the number of data points, clarify ambiguous provisions, and improve consistency with other legislation. For more information on the first Omnibus package, see our Omnibus Tracker.

On 27 March 2025, the Commission tasked EFRAG with simplifying the ESRS. On 1 July 2025, the Commission confirmed that EFRAG should deliver its technical advice on the revision and simplification of the ESRS by 30 November 2025. 

The EFRAG Sustainability Reporting Board (EFRAG SRB) has therefore planned the public consultation until the end of September 2025. EFRAG also confirmed that outreach events will be organised at the end of September and the beginning of October.

The Commission plans to approve the revised ESRS within six months after the amendments to the CSRD forming part of the Omnibus I package enter into force. 

We will provide a more detailed analysis of the revised ESRS soon. 

For more information on the CSRD and ESRS, see our CSRD demystified materials.