EFRAG introduces interactive online platform

Core Insights - The European Financial Reporting Advisory Group (EFRAG) has launched the ESRS Knowledge Hub, an interactive online platform designed to assist practitioners, companies, and stakeholders in understanding and applying the European Sustainability Reporting Standards (ESRS) [1][4] Group 1: Platform Features - The ESRS Knowledge Hub consolidates various ESRS-related materials, including the adopted 2023 ESRS, simplified ESRS, VSME standard, and implementation guidance [2] - The platform will provide links to relevant EU legislation and global standards, along with updates from EFRAG's standard-setting discussions [3] - Historical documents and external references are included to support continuity and provide context for users [3] Group 2: Objectives and Impact - EFRAG aims for the ESRS Knowledge Hub to serve as a central point for accessing sustainability reporting resources, enhancing transparency and usability of ESRS materials [4] - The launch is viewed as a significant milestone in improving accessibility and coherence within the sustainability reporting landscape [4] - EFRAG emphasizes its commitment to strengthening the sustainability reporting ecosystem by providing a reliable and user-oriented platform [5] Group 3: Future Developments - In October 2025, EFRAG plans to expand the VSME Digital Template and XBRL Taxonomy by adding a translation tool for multiple European languages, enabling Inline XBRL reports in Spanish, Polish, Lithuanian, and Portuguese [5]