Much faster than expected: the European Commission has today adopted the revised #ESRS through a Delegated Act.
The Commission also adopted the Delegated Act establishing the new Voluntary Sustainability Reporting Standard (VS), which will serve as the reporting benchmark under the new value chain cap.
Both Delegated Acts are now subject to scrutiny by the European Parliament and the Council. They have an initial two-month scrutiny period during which either institution may object (which, however is rare).
If neither objects, the Delegated Acts will enter into force following publication in the Official Journal.
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Links to all official documents and annexes in the comments below...
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