EFRAG restarts the non-EU group standard for companies with significant EU activity
EFRAG is resuming work on a non-EU ESRS group sustainability reporting standard for groups with significant EU activity under CSRD Article 40a, with a July exposure draft, 100-day consultation and field testing.
BY ESG DESK · JUNE 5, 2026 · 1 MIN READ
EFRAG is resuming work on a non-EU ESRS group sustainability reporting standard for groups with significant EU activity under CSRD Article 40a, with a July exposure draft, 100-day consultation and field testing. Cross-border legal teams should expect multinational clients to ask whether EU-facing reporting can be reconciled with ISSB, local listing rules and group-level controls.