Speakers
Objectives
This session will explore the implications of the Commission’s Omnibus proposal, which substantially reduces the scope and reporting requirements under CSRD and the taxonomy regulation. The debate will focus on the balance between simplification for corporates and the need to preserve meaningful sustainable data for investors, supervisors, and policymakers. The objective is to assess how far simplification can go without undermining transparency, comparability, and the credibility of the EU sustainable finance framework.
Points of discussion
- Based on the first wave of CSRD and taxonomy reporting, does experience support the Omnibus orientation—fewer corporates in scope and fewer datapoints—or does it risk weakening transparency and supervision of climate-related risks?
- What are the consequences of narrowing the scope of reporting?
- Can voluntary SME reporting and Scope 3 data from large corporates provide sufficient compensation, or would essential information be lost for markets and regulators?