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By Vanessa MÜLLER, ESG Leader Anna ILLARIONOVA, Senior Manager, ESG Consulting, EY Luxembourg
In recent weeks, the financial and sustainability reporting landscape has been abuzz with discussions surrounding the European Commission’s Omnibus Package. Numerous perspectives have emerged, with some viewing the initiative as a game-changer, while others remain skeptical about its implication. What is clear is that the package proposes significant simplifications, that could allow companies to focus on ESG transformation and their low-carbon journey.
On 26 February, the European Commission introduced its first Omnibus Package, an initiative aimed at simplifying sustainability reporting as part of its broader objective to reduce reporting...
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