Regulation ChangeLiveLive RegulationReporting Requirements
Commission adopts revised ESRS reducing mandatory datapoints by over 60%
EU Corporate Sustainability Reporting Directive (CSRD)European CommissionEU
Announced
Jul 3, 2026
Description
On July 3, 2026, the European Commission adopted revised European Sustainability Reporting Standards (ESRS) and a voluntary reporting standard for smaller companies. The revised standards reduce mandatory datapoints by over 60% (from approximately 1,100 to roughly 430) and total datapoints by over 70%, with expected reporting cost reductions of more than 30% per company. The standards introduce a 'value chain cap' limiting information requests from CSRD companies to SMEs with 1,000 or fewer employees. The delegated acts are now under scrutiny by the European Parliament and Council (2-month period, extendable by 2 months) before entering into force. Companies should prepare to apply the simplified standards for FY 2027 reporting.
Sources
Key Findings
Commission adopts revised ESRS reducing mandatory datapoints by over 60%
[en](https://finance.ec.europa.eu/news/commission-adopts-revised-sustainability-reporting-standards-reduce-administrative-burdens-eu-2026-07-03_en) Select your language * [bgбългарски](https://finance.ec.europa.eu/news/commission-adopts-revised-sustainability-reporting-standards-reduce-administrative-burdens-eu-2026-07-03_bg) * [esespañol](https://finance.ec.europa.eu/news/commission-adopts-revised-sustainability-rep
Commission adopts revised ESRS reducing mandatory datapoints by over 60%
Author : Directorate-General for Financial Stability, Financial Services and Capital Markets Union [...] @Parradee-stock.adobe.com On 3 July 2026, the European Commission adopted revised European sustainability reporting standards (ESRS) and a voluntary reporting standard for smaller companies. ESRS provide investors and other stakeholders with the information necessary to understand the sustainability‑related risks