Introduction
On 26 February 2025, the European Commission published the first Omnibus package which proposes amendments to the Corporate Sustainability Reporting Directive (CSRD).
As part of this proposal, the European Commission envisages a simplification of the European Sustainability Reporting Standards (ESRSs). In this regard, the Omnibus package provides for the following:
“the Commission intends to adopt a delegated act to revise the first set of ESRS. To deliver swiftly on the simplification and streamlining of the ESRS, and to provide clarity and legal certainty to undertakings, the Commission aims to adopt the necessary delegated act as soon as possible, and at the latest six months after the entry into force of this proposal. The revision of the delegated act will substantially reduce the number of mandatory ESRS datapoints by (i) removing those deemed least important for general purpose sustainability reporting, (ii) prioritising quantitative datapoints over narrative text and (iii) further distinguishing between mandatory and voluntary datapoints, without undermining interoperability with global reporting standards and without prejudice to the materiality assessment of each undertaking. The revision will clarify provisions that are deemed unclear. It will improve consistency with other pieces of EU legislation. It will provide clearer instructions on how to apply the materiality principle, to ensure that undertakings only report material information and to reduce the risk that assurance service providers inadvertently encourage undertakings to report information that is not necessary or dedicate excessive resources to the materiality assessment process. It will simplify the structure and presentation of the standards. It will further enhance the already very high degree of interoperability with global sustainability reporting standards. It will also make any other modifications that may be considered necessary considering the experience of the first application of ESRS.”
With a view of international cooperation, it would be very useful to collect the preliminary considerations of analysts deriving from the analysis of the first sustainability reportings prepared in accordance with ESRSs, by filling in the following questionnaire.
Please send your considerations, even if in a preliminary form, by 21 July 2025.
On the basis of the first feedback received, the OIC will consider organizing dedicated meetings with the respondents to the questionnaire. It will also be possible to integrate the questionnaire with further inputs at a later stage.
The data received will be processed in compliance with the privacy legislation.
At the end of the consultation, the OIC will evaluate the publication of a feedback statement in which the data received will be considered on an aggregate and anonymous basis.

Respondent profile

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2) Last name *

3) Name of organisation

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5) Type of analyst *
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6) Email address *

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