The European Financial Reporting Advisory Group has released a draft XBRL taxonomy for consultation, providing the proposed technical basis for converting disclosures under the revised European Sustainability Reporting Standards into a machine-readable format. The taxonomy replaces EFRAG’s August 2024 version and reflects the revised standards adopted in July 2026. The taxonomy contains the same datapoints as the draft list published in August 2026 but adds the technical attributes and XBRL elements needed for digital reporting. Digital tagging is not yet mandatory because the European Securities and Markets Authority and European Commission have not established the regulatory framework for implementation through the European Single Electronic Format. EFRAG plans to finalize the taxonomy and submit it to both authorities by the end of 2026.
2026-09-17European Financial Reporting Advisory Group
European Financial Reporting Advisory Group launches consultation on draft XBRL taxonomy for revised ESRS
The European Financial Reporting Advisory Group has launched a consultation on a draft XBRL taxonomy for machine-readable reporting under the revised ESRS. The taxonomy aligns with EFRAG’s August 2026 draft datapoint list and is due to be submitted to the European Securities and Markets Authority and European Commission by the end of 2026. Digital tagging will remain voluntary until the regulatory framework is established.