Comments on the Public Consultation on the Revised European Sustainability Reporting Standards (ESRS)

The Federal Association of Corporate Lawyers (BUJ) submitted comments on 3 June 2026 as part of the public consultation on the revised European Sustainability Reporting Standards (ESRS).

The BUJ supports the objective of creating a simpler, proportionate and practical sustainability reporting framework. While the simplification efforts under the EU Omnibus I initiative are welcomed, the current draft of the revised ESRS still contains significant complexity and does not yet sufficiently reduce the reporting burden for companies.

The BUJ therefore calls for a genuine reduction in reporting datapoints, greater coherence between ESRS and other regulatory requirements, and clearer, more practical rules. In addition, the concept of “fair presentation” should be postponed, while requirements concerning “anticipated financial effects” should be removed due to their uncertainty and potential liability and competitive risks.

Further details and the full BUJ comments can be found in the attached document.