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EFRAG outlines plans to cut ESRS data points by 50%

EFRAG has identified five levers to reduce the reporting burden on companies.
Melodie Michel
EFRAG outlines plans to cut ESRS data points by 50%
Photo by Towfiqu barbhuiya on Unsplash

EFRAG has outlined its plan to “drastically cut” data points required in the European Sustainability Reporting Standards (ESRS) in an Omnibus-related update.

The European Financial Reporting Advisory Group (EFRAG) is the organisation that developed the standards EU companies are meant to use to produce Corporate Sustainability Reporting Directive (CSRD)-compliant reports. 

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