The European Union has agreed to delay additional environmental, social and governance (ESG) disclosure requirements by two years, as it responds to pressure from businesses leaders who warn they are buckling under the weight of regulations.
But EU lawmakers and member states agreed late on Wednesday (Feb 7) to push that timeline back to June 2026 for sector-specific reporting requirements that are still being developed. The decision does not affect a requirement to report general ESG data points from June this year, according to a statement.
