EFRAG outlines next priorities

Work programme includes confirmation it will resume work on reporting standards for use by non-EU entities

The EU’s advisory body set out its sustainability reporting priorities for the coming year on Friday. 

EFRAG has submitted its latest work programme to the European Commission, so it can be discussed with Member State and EU-level lawmakers.  

The document confirms that EFRAG will resume its work on the ‘N-ESRS’ – reporting standards for use by non-EU entities.  

An exposure draft is slated for July 2026, followed by a 100-day consultation and the publication of final technical advice in early 2027. 

The group will also prioritise its work on small and medium enterprises, digital tagging, and aligning the European Sustainability Reporting Standards (ESRS) with international versions like the ISSB and the GHG Protocol. 

“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,” it said in a statement. 

Last week, the body named Kerstin Lopatta as the new chair of its Sustainability Reporting Board, replacing Patrick de Cambourg. 

Lopatta is a professor of financial accounting, auditing and sustainability at the University of Hamburg, and also has affiliations with the University of Luxembourg and City University of Hong Kong. 

She was involved in reviewing the Corporate Sustainability Reporting Directive and the EU Taxonomy for the German government.  

Her three-year term begins in May.