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Germany·Wirtschaftsprüferkammer

Revised ESRS and Voluntary Standard published in Official Journal

Revised ESRS apply from FYs starting 1 Jan 2027; FY 2026 offers three options. The Voluntary Standard applies from 24 Sept 2026, its Value Chain Cap from FY 2027.

By Taxxa AI Oy · Published 24 September 2026

Accounting & Reporting

The revised European Sustainability Reporting Standards and the new voluntary reporting standard are now law at EU level. Delegated Regulation (EU) 2026/1563 on the revised European Sustainability Reporting Standards (ESRS)WPK and Delegated Regulation (EU) 2026/1560 on the standards for voluntary sustainability reporting (Voluntary Standard, VS)WPK were published in the Official Journal of the European Union on 21 September 2026WPK.

The European Commission had adopted both regulations on 3 July 2026, and the European Parliament and the Council of the European Union raised no objections within the scrutiny period. As delegated regulations they apply directly and need no transposition into national lawWPK.

The revised ESRS regulation enters into force on 10 November 2026WPK and applies at the latest to financial years beginning on or after 1 January 2027WPK. It covers companies obliged to report on sustainability under the CSRD — companies with more than 1,000 employees on average and turnover of more than 450 million EuroWPKWPK. For financial years beginning between 1 January and 31 December 2026 the regulation offers three options: applying the previous ESRS as last amended, applying the revised ESRS, or applying the previous ESRS while using certain application reliefs from the revised ESRSWPK. The sustainability report must state which option was appliedWPK.

Separately, Delegated Regulation (EU) 2026/1560 introduces a Voluntary Standard for companies not subject to the CSRD reporting dutyWPK. It enters into force on 24 September 2026 and applies from that dateWPK. Its rules on the cap for the value chain (Value Chain Cap) apply for the first time to financial years beginning on or after 1 January 2027WPK.

The Commission had made targeted adjustments against the May 2026 consultation drafts based on EFRAG's Technical Advice, including further specifying the materiality principle, extending the transitional relief for reporting expected financial effects by another year, and aligning greenhouse-gas reporting more closely with international standards; an accompanying Staff Working Document explains the changes. Auditors advising CSRD-scope clients on 2026 and 2027 reporting, and advisors to companies considering voluntary reporting, should work from the published Official Journal texts.

Legal basis: Delegated Regulations (EU) 2026/1563 and (EU) 2026/1560, published in the Official Journal of the European Union on 21 September 2026.

Sources

  1. Delegierte Verordnungen zu den überarbeiteten ESRS und zum VS im EU-Amtsblatt veröffentlicht
  2. Europäische Kommission verabschiedet delegierte Rechtsakte zu den vereinfachten ESRS und zum freiwilligen Standard

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