EFRAG Granted Extension for ESRS Revision Advice

European Union gives EFRAG more time to revise sustainability reporting rules - Africa Sustainability Matters

The European Commission recently approved a one-month extension for the European Financial Reporting Advisory Group (EFRAG) to finalize its revised technical advice on the European Sustainability Reporting Standards (ESRS). Originally due by October 31, the new deadline of November 30, 2025, reflects growing concerns around the complexity of the EU’s sustainability reporting framework and the need for a more practical approach.

EFRAG Granted Extension for ESRS Revision Advice

The European Commission has granted the European Financial Reporting Advisory Group (EFRAG) an extension to finalize its technical advice on the revision of the European Sustainability Reporting Standards (ESRS). The deadline has been pushed back to November 30, a month later than the initial October 31 target. This extension comes as a relief to EFRAG, which had previously voiced concerns that… Source