Digital Advisory & Compliance, Regulatory Watch, Regulatory WatchSFDR Reform Advances: The European Parliament Publishes Its Position on SFDR 2.0
Following a letter from EU Commission er Albuquerque received on 1 July 2025, the deadline for EFRAG to deliver its technical advice on the revision and simplification of the ESRS has been extended from 31 October to 30 November.
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Following a letter from EU Commissioner Albuquerque received on 1 July 2025, the deadline for EFRAG to deliver its technical advice on the revision and simplification of the ESRS has been extended from 31 October to 30 November.
As a result, the EFRAG Sustainability Reporting Board (SRB) has decided to extend the duration of the public consultation, which was initially planned to run for 30–45 days starting at the end of July.
This extension offers stakeholders a valuable opportunity to thoroughly review the upcoming Exposure Drafts and contribute meaningful feedback.
Patrick de Cambourg, Chair of the EFRAG SRB, stated:
“We welcome the European Commission’s support and the extension granted. This additional time will allow for a more inclusive and robust consultation process, helping us deliver technical advice that reflects both usability and ambition in sustainability reporting.”
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At cleversoft, we’re committed to supporting you through every regulatory change. As always, we’re by your side—already working closely with our clients to prepare for the final taxonomy requirements for year-end reporting. Together, we’re ready to move forward with confidence and clarity.