Blog. Insights.

Yesterday, 6th of May 2026, the European Commission opened the public feedback window on the revised European Sustainability Reporting Standards. The headline from most commentators will be the same: mandatory data points cut by over 60%, reporting costs reduced by more than 30%, simplification is here.That framing is technically accurate. It is also incomplete.Here is what the simplification actually does, and why the companies treating it as good news and moving on may find themselves with a bigger problem in 2027.