The European Financial Reporting Advisory Group (EFRAG) has submitted its Sustainability Reporting Work Programme 2026 to the European Commission (EC).
In the programme, EFRAG set out its priorities and planned activities.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The plan, cleared by EFRAG’s Sustainability Reporting Board (SRB), outlines how the body intends to carry out its mandate to provide technical advice and support “the effective and proportionate implementation of European Sustainability Reporting Standards (ESRS)”.
Under the Corporate Sustainability Reporting Directive, the Commission must seek input from member state experts and the European Parliament before acting on the programme.
EFRAG intends to publish an exposure draft for these non‑ESRS requirements in July 2026, to be followed by a 100‑day consultation. On that basis, technical advice for the Commission is scheduled for early 2027.
The programme foresees continued development of the small and medium-sized enterprise reporting ecosystem, including backing for voluntary use of standards, capacity‑building initiatives and implementation assistance, shaped by stakeholder demand and an upcoming agenda consultation.
Interoperability with global frameworks is another key strand of work.
EFRAG plans to deepen alignment with the International Sustainability Standards Board (ISSB) standards, Global Reporting Initiative (GRI) and the Greenhouse Gas Protocol (GHG Protocol) “to reduce fragmentation” for companies reporting under multiple regimes.
Digital reporting is set to be scaled up as well.
The 2026 plan highlights further work on XBRL taxonomy updates and expansion of the ESRS Knowledge Hub as tools to support electronic reporting and access to guidance.
“Building on initial ESRS implementation experience and regulatory developments, EFRAG places strong emphasis on usability, simplification and burden reduction, while safeguarding the robustness and comparability of sustainability disclosures,” EFRAG said in the statement.
EFRAG is a private association created in 2001. It advises the Commission through draft ESRS developed “under a robust due process” and provides support for their practical implementation.
Recently, EFRAG picked Kerstin Lopatta as the next chair of its SRB.
