The EU Commission’s Omnibus package marks a significant shift in sustainability reporting requirements, reducing the CSRD burden for approximately 80% of companies. With higher thresholds and streamlined standards, businesses face a transformed compliance landscape. At Ksapa, we’re ready to guide organizations through these changes with our specialized expertise.
Streamlined Reporting Requirements
The new thresholds limit mandatory reporting to companies with over 1,000 employees and either €50M turnover or €25M in assets. Listed SMEs are now fully exempt, and implementation timelines have been extended to 2028/2029 for many organizations. Ksapa’s materiality assessment methodology helps companies identify truly relevant sustainability topics, ensuring compliance while avoiding unnecessary disclosure burdens.
Simplified Standards and Assurance
The elimination of sector-specific standards and the maintenance of limited assurance requirements represent major simplifications. Ksapa’s tools streamline compliance by focusing on material issues and quantitative metrics. Our tested solutions support both large corporations and financial institutions in meeting these revised requirements efficiently, while helping SMEs implement voluntary reporting frameworks where beneficial.
Value Chain Considerations
While value chain reporting remains, requirements are now capped, reducing the data collection burden from suppliers. Ksapa’s methodologies facilitates appropriate data gathering without overwhelming smaller business partners. Our approach balances transparency needs with practical implementation realities, particularly important as companies navigate the revised ESRS expected by early 2026.
Conclusion
The Omnibus package creates a more proportionate approach to sustainability reporting while maintaining core transparency objectives. Ksapa’s comprehensive expertise in double materiality assessments, CSRD compliance, and sustainability strategy development positions us as an ideal partner for navigating these changes. Whether you’re a large corporation required to report or an SME seeking voluntary frameworks, our team provides tailored support for the new ESG reporting landscape. Ksapa is regularly contacted, and works with different type of organizations willing to establish robust sustainability strategy aligned with international standards. Contact us as Ksapa stands at the ready to ensure inclusion of CSRD requirements into broader approaches expected to also be consistent notably with IFRS and/or CSDS requirements among many others.
Author of several books and resources on business, sustainability and responsibility. Working with top decision makers pursuing transformational changes for their organizations, leaders and industries. Working with executives improving resilience and competitiveness of their company and products given their climate and human right business agendas. Connect with Farid Baddache on Twitter at @Fbaddache.
