As part of the Omnibus Package, the European Commission requested simplification and streamlining of the European Sustainability Reporting Standards (ESRS). One major element undergoing significant changes: double materiality.

To address some of the major concerns with the practical application of the double materiality assessment (DMA), EFRAG has proposed several revisions contained in the ESRS Exposure Drafts, which are open to public consultation through 29 September 2025.

Stakeholder feedback will be vital to ensure the DMA is both realistic for companies and a useful tool for raising the bar on corporate accountability. G&A has created an issue brief providing an overview of the changes and highlighting where revisions can be found in the ESRS 1 Exposure Draft. We encourage all interested parties to use the insights provided in our brief to help navigate and respond to the proposed revisions.

Fill out the form on the right to download a copy.