The final legal text of the revised European Sustainability Reporting Standards (ESRS) has been published in the Official Journal of the EU today (21 September), and will enter into force on 10 November.
Companies scoped into the CSRD must apply the revised standards for FY 2027. Until then they may choose to disclose in line with either the original ESRS or the updated suite of standards.
In addition, the Voluntary Standard (VS) for sustainability reporting has been published in the Official Journal and will enter into force in three days’ time.