The European Financial Reporting Advisory Group published its July update, covering its endorsement advice to the European Commission on amendments to IAS 28, a public consultation on the ESRS-40a Exposure Draft for certain non-EU undertakings and findings on emerging European Sustainability Reporting Standards reporting practices. Feedback on the ESRS-40a Exposure Draft is open until Oct. 31, 2026. The update also highlights EFRAG’s analysis of more than 900 assured sustainability statements, an extended deadline for its user survey on the International Accounting Standards Board’s Risk Mitigation Accounting proposals, and the European Commission’s publication of delegated acts on the revised ESRS and Voluntary Sustainability Reporting Standard.