Response from the Institute for Sustainable Finance to the European Commission’s consultation on the draft delegated act amending the ESRS

The Institute for Sustainable Finance welcomes the Commission’s draft delegated regulation amending the ESRS, published on May 6, 2026. Overall, the proposed simplification of the standards is consistent with the balance long advocated by the Paris financial centre between reducing the reporting burden and preserving the ambition of the EU Green Deal and the integrity of the EU sustainable finance framework. The proposed revision should now be adopted as soon as feasible to provide undertakings with the clarity needed for the effective implementation of the revised CSRD framework.