Simplification of CSRD & ESG reporting
A number of the regulations around sustainability data and CSRD reporting were reviewed recently and a proposed simplification was issued at the end of February in what is known as the “Omnibus” version.
The key changes are as follows:
It is still important to complete the Double Materiality Assessment to identify material impacts risks and opportunities. This is to be recommended since, as we heard at our recent ECTA CSRD webinar on the subject, understanding the impacts, risks and opportunities can have a real strategic value to the organisation.