EU: “Quick-fix” amendments to the ESRS published in the Official Journal of the EU

On 11 July 2025, the European Commission adopted a so-called “quick-fix” Delegated Act to postpone additional phased-in reporting requirements set out in the European Sustainability Reporting Standards (ESRS) under the Corporate Sustainability Reporting Directive (CSRD). The Delegated Act was published in the Official Journal of the EU on 10 November and will come into force on 13 November 2025. It applies to financial years beginning on or after 1 January 2025.

According to the current ESRS, “wave one” companies can omit information on, amongst other things, the anticipated financial effects of certain sustainability-related risks. The “quick-fix” amendment, which applies from financial year 2025, will allow these companies to omit that same information for financial years 2025 and 2026. This means wave one companies will not have to report additional information compared to financial year 2024.

Moreover, for financial years 2025 and 2026, wave one companies with more than 750 employees will benefit from most of the same phase-in provisions that currently apply to companies with up to 750 employees.

For more information on the “quick-fix” Delegated Act, see our previous blog post.