ESRS-40a (non-EU parent standard)

Sustainability reporting standard for non-EU parent companies (expected finalisation mid-2027; Article 40a thresholds raised by Omnibus I Directive 2026/470)

Reference: EFRAG, in drafting
Key date: mid-2027
Applies to: Non-EU parent companies

Who the regulation applies to

This regulation applies to:

Non-EU parent groups with high turnover in the EU: those whose third-country parent has net turnover in the EU exceeding EUR 450 000 000 must publish sustainability information at group level (Article 40a of Directive 2013/34/EU)
Third-country undertakings' EU subsidiaries (net turnover exceeding EUR 200 000 000) or EU branches (net turnover exceeding EUR 200 000 000) must publish and make public the group sustainability report provided by their third-country parent
(Not applicable) Financial holding-type third-country parents whose businesses and operations are independent of each other may refrain from publishing a group sustainability report
(Status) The accompanying ESRS-40a reporting standard is being drafted by EFRAG and is not yet final (expected mid-2027)

ESRS-40a (the non-EU parent standard, aimed at non-EU parent groups with high turnover in the EU) is being drafted by EFRAG; see EFRAG's exposure draft and the official EUR-Lex text; no local source text is available in this repository for verbatim citation.

What the regulation requires

Duty	Trigger	Evidence	Timing
Monitor the disclosure standard for non-EU parent companies Intended to govern sustainability disclosures of non-EU groups in the EU (under drafting).	Non-EU parent companies with significant operations in the EU	Group sustainability report	Standard under drafting

ESRS-40a (non-EU parent standard)

Who the regulation applies to

What the regulation requires

Related regulations

Official text