The European Union endorses Contracts Referencing Nature-dependent Electricity

On 30 June 2025, the European Union (EU) endorsed the amendments to IFRS 9 Financial Instruments and IFRS 7 Financial Instruments: Disclosure relating to Contracts Referencing Nature-dependent Electricity.

These amendments will be effective within the EU for annual reporting periods beginning on or after 1 January 2026.

The EU Endorsement Status Report as published by the European Financial Reporting Advisory Group (EFRAG) may be accessed here.