Following the Omnibus review earlier this year, EFRAG has taken encouraging steps toward streamlining the European Sustainability Reporting Standards (ESRS). In a recent announcement, they confirmed an ambitious goal—to reduce the number of data points by up to 50% while still preserving the integrity of the core sustainability objectives.
This shift presents an opportunity. By simplifying the reporting process, we may actually re-energize companies and stakeholders who’ve felt overwhelmed, helping to refocus efforts on meaningful, actionable sustainability outcomes.
The ultimate goal remains the same: driving real progress on climate change, human rights, and governance. A more focused approach could help organizations concentrate on what truly matters—and accelerate impact where it counts most.
Intertek’s ESG experts help organisations adapt with confidence—delivering materiality assessments, gap analyses, stakeholder mapping, and assurance services that ensure alignment with the revised ESRS while maintaining focus on credible, impactful reporting. Learn more with about Intertek’s Sustainability and ESG Assurance Services today.