90% of European Companies to Continue Sustainability Reporting Post-EU Omnibus Changes
A survey conducted by osapiens among 403 European companies with more than 1,000 employees found that 90% plan to maintain or expand sustainability reporting despite the EU's Omnibus package, which reduced mandatory disclosure requirements. The findings indicate sustainability reporting has become essential to corporate governance and risk management.
However, companies face challenges, including budget constraints (43% identified this), fragmented data systems (40.7%), weak technology integration (31%), and unclear ownership of responsibilities. Automation and centralized data platforms are expected to help address these issues, as sustainability reporting increasingly ties into financing and operational strategies.
