European sustainability reporting requirements have changed significantly in 2025. We have summarised the key changes across CSRD, CSDDD, ESRS and EU Taxonomy.
The 2008 financial crisis prompted a review of regulations in the banking sector. As a result, new entities entered the market offering digital solutions that combine traditional services with opportunities inherent to the online financial market.
EU Council and EU Parliament reach an agreement on CSRD and CSDDD simplification.
The ISSB has published amendments to the Greenhouse Gas Emissions Disclosure requirements of IFRS S2.
EFRAG has issued to the Commission its technical advice on revising all 12 existing ESRS.
EU Parliament furthers negotiations on proposed Omnibus changes to the CSRD and CSDDD.
EU Parliament continues negotiations on proposed Omnibus changes to the CSRD and CSDDD.
The IFRS Foundation has published educational material on disclosing anticipated financial effects when applying IFRS SDS.
EFRAG has issued Exposure Drafts (EDs) revising all 12 existing ESRS, with a 60-day public consultation period.
‘Quick-fix’ amendments to the ESRS adopted by the European Commission for Wave 1 entities.
On 10 July 2025, the IFRS Foundation published educational material about using ISSB Industry-based Guidance when applying ISSB Standards.
The European Commission has released a new Delegated Act to amend EU Taxonomy requirements, with the aim of reducing the burden of preparing Taxonomy reporting.
Mid-market firms are scaling sustainability for growth, not just compliance. Grant Thornton’s 2025 report reveals how sustainability investments are driving profitability, resilience and global expansion — despite regulatory shifts and political uncertainty.
The IFRS Foundation has published guidance on disclosures about transition plans and jurisdictional profiles to help support the implementation of IFRS SDS.
EFRAG has published a new report on their progress toward ESRS simplification.
The IFRS Foundation has published educational material on Greenhouse Gas disclosure requirements in IFRS S2.