The European Commission is exploring an omnibus package aimed at simplifying sustainability reporting requirements under the Corporate Sustainability Reporting Directive (CSRD), Corporate Sustainability Due Diligence Directive (CS3D), and the EU Taxonomy. This proposal is a response to growing concerns about the regulatory burden placed on companies, particularly small and medium-sized enterprises (SMEs). Many businesses have expressed that the current ESG regulations, particularly around reporting, are overly complex and costly. As a result, the Commission is considering changes to streamline these requirements, reduce redundancies, and make the reporting process more manageable. 

Discussions on the scope and timing of the proposed changes are set to take place in February 2025, with the European Commission aiming to strike a balance between simplifying regulations and ensuring transparency in ESG reporting. This proposal may include raising the thresholds for which companies are in scope for the CSRD, thereby easing the burden on SMEs and smaller businesses that are not yet equipped to handle complex sustainability reporting. 

While some stakeholders, including larger companies that have already invested in sustainability reporting systems, are concerned about the uncertainty created by potential delays, others argue that the ongoing push for robust ESG disclosure is crucial. Transparency in environmental, social, and governance (ESG) reporting helps combat greenwashing and provides investors with reliable data to make informed decisions. Moreover, maintaining high ESG standards is a key part of the EU’s carbon-neutral strategy, helping the region meet its long-term sustainability goals. 

The outcome of these deliberations will have a significant impact on businesses across Europe. As the EU aims to simplify and clarify its sustainability reporting requirements, companies will need to stay informed and be prepared for changes that could impact their compliance strategies. The final decisions will determine how effectively the EU can align its regulatory framework with the pressing need for sustainability in business. 

情報源 

https://www.jdsupra.com/legalnews/eu-esg-regulation-update-how-might-the-2971857/ 

https://www.hoganlovells.com/en/publications/eu-esg-regulation-update-how-might-the-omnibus-simplification-package 

https://www.assent.com/blog/omnibus-simplification-package-new-esg-approach/ 

https://codegaia.io/en/eu-omnibus-regulation-for-sustainability-reporting/