May 30th, 2025
Framework
A recent #WeAreEurope survey of more than 1,000 European business leaders found that the majority of companies in Europe are not in favor of the European Commission’s “Omnibus” initiative to reduce sustainability reporting requirements and the scope of companies covered by the EU CSRD Directive, with the majority saying they are satisfied with the CSRD in its current form, although it does support some improvements.
The directive is praised for improving transparency, comparability and serving as a strategic management tool, however, criticisms include insufficient technical guidance, disproportionality for smaller companies and high implementation costs.
#WeAreEurope is an independent collective of professionals working for a fairer, more sustainable and democratic Europe. The survey was carried out in partnership with the HEC Paris business school.
Consult document here
Next Steps
For any additional questions or to support your organization in this process, our team is available to provide technical and expert assistance.
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For further information, please contact: José Sousa (+351 918 651 719) or jsousa@pt-nexia.com) from our Audit Department.
