Our submission to the European Commission aims to help shape the revision of the European Sustainability Reporting Standards (ESRS).
On 6 May 2026k, the European Commission launched a public consultation on draft delegated acts revising the ESRS and a Sustainability Reporting Standard for Voluntary Use, with the aim of reducing reporting burdens while preserving decision-useful information for investors and other users of reporting.
IIGCC's response sets out targetd amendments to strengthen the standards for investors, including on climate scenario analysis, anticipated financial effects, asset manager exemptions, interoperability with global standards and biodiversity disclosures.
IIGCC also supported a joint investor statement on the draft ESRS, which calls for a robust and investor-relevant reporting framework that preserves decision-useful disclsoure while supporting simplification.
For more information on this consultation and IIGCC's response, please contact Leo Donnachie, Senior Policy Specialist - Sustainable Finance.