EFRAG has launched an online survey to gather feedback for a Cost-Benefit Analysis on the Exposure Draft European Sustainability Reporting Standards for Certain Non-EU Undertakings under Article 40a of the Accounting Directive.
Objectives of the Cost-Benefit Analysis
Operating alongside EFRAG's public consultation, the Cost-Benefit Analysis survey seeks input directly from non-EU businesses falling within the scope of ESRS-40a reporting. The effort aims to evaluate the expected operational and financial impacts associated with the proposed disclosure rules.
EFRAG noted that the analysis evaluates both the implementation requirements for reporting entities and the advantages for European Union companies, specifically regarding the establishment of a level playing field. The findings will help shape EFRAG's final advice to the European Commission.
Participation Details and Timetable
External consultants are leading the assessment, which combines stakeholder interviews with the online questionnaire. Affected non-EU enterprises can access a downloadable PDF copy of the questionnaire in the survey introduction prior to submission.
The deadline for submitting survey responses is 11 October 2026 at 23:59 CEST. EFRAG plans to publish the completed Cost-Benefit Analysis report together with its official technical advice on ESRS-40a to the European Commission.
Frequently Asked Questions
What is the deadline to respond to EFRAG's ESRS-40a survey?
Responses to the ESRS-40a Cost-Benefit Analysis survey must be submitted by 11 October 2026 at 23:59 CEST.
Who is eligible to participate in the EFRAG ESRS-40a survey?
EFRAG encourages input from non-EU companies that fall within the scope of ESRS-40a reporting under Article 40a of the Accounting Directive.
