Sustainability
Decarbonization, circular economy, and supply chain due diligence
EFRAG Opens Revised ESRS XBRL Draft
EFRAG published the draft XBRL taxonomy for the revised ESRS on September 17, 2026, with consultation closing November 11 and the final due by year-end.
EFRAG: SME ESRS consultation
EFRAG consults on SME sustainability standards: VSME for companies outside CSRD and LSME for listed SMEs, from January 2026 with two years of relief.
EU adopts revised ESRS
The European Commission adopted revised ESRS in July 2026, cutting mandatory data points by over 60% and expected reporting costs by more than 30%.
NBIM Urges One Report for ESRS and ISSB
NBIM, manager of Norway's $2 trillion fund, asked the EU to let companies meet ESRS and ISSB in one report. ISSB is adopted in 42 jurisdictions.
New Zealand: Mandatory Climate Disclosure via NZ CS 1
New Zealand's XRB climate standards: who must report and what NZ CS 1 requires for three-scenario analysis, compared with the EU CSRD and IFRS S2.
Double Materiality Assessment: CSRD IRO Implementation
CSRD double materiality in practice: IRO identification and IMA/FMA judgement, with wave timing after the April 2025 delay and the December 2025 Omnibus I.
CSRD & CSDDD 2026: Scope, Supply-Chain Duties & Actions
CSRD and CSDDD 2026: revised scope after Omnibus I, cascading supply-chain duties, and practical steps to comply.
ESRS 2.0: Public Consultation Opens on Simplified Draft
The European Commission opened consultation on ESRS 2.0, a simplified CSRD standards draft with implications for EU supply chain reporting.
CSRD/CSDDD: EU Customer Compliance
CSRD and CSDDD can reach suppliers through EU customer questionnaires, contract clauses, and disclosure requests. This article maps priority actions.