The future of sustainability reporting lies in balancing implementation, practicality, and global impact. As the CSRD and the EU Taxonomy move into full implementation, financial and non-financial companies face data-related challenges and operational hurdles, with SMEs being particularly burdened. Amidst ongoing concerns of ‘overregulation’, the Commission’s recent omnibus proposal introduces changes intended to simplify compliance. However, these changes also raise critical questions about whether they strike the right balance between feasibility and ambition, or if they risk diluting the rigor of EU sustainability standards. Globally, non-EU companies and regions are shaping their own reporting frameworks, offering valuable comparisons. This panel will explore the impact of the omnibus package, strategies for balancing ambition and pragmatism, and broader implications for Europe’s competitiveness.
Chair: Laura Iozzelli, Research Fellow, Florence School of Transnational Governance, EUI
More information and the full programme of the EUI Climate Week 2025 can be found here.