ESRS (2026) - a deep dive into the revised standards

On 3 July 2026, the European Commission (EC) published the delegated act containing the revised European Sustainability Reporting Standards (‘ESRS (2026)’). The revised ESRS were issued as an outcome of the EC’s February 2025 ‘Omnibus’ package intended to simplify European Union reporting rules related to the European Green Deal. The targeted areas for simplification included reducing the number of mandatory datapoints, clarifying unclear provisions, simplifying the structure and presentation of the standards, and enhancing interoperability. This In depth article highlights the most important elements of the revised standards which might also be relevant for Swiss and Liechtenstein clients reporting under ESRS (2026).