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ERM partners with clients to provide end-to-end support on CSRD post-Omnibus, from initial assessments through to implementation and reporting. Our accelerated solutions provide a strong foundation for compliance and value creation along the CSRD journey.
Our webinar panelists explored how companies can capitalize on the opportunity to develop a more strategic approach to CSRD reporting that will help uncover hidden risks, identify opportunities for growth or efficiency, and build greater resilience across their value chain.
Discover how 41 leading companies in banking, chemicals, consumer goods, energy, mining, pharmaceuticals, power, and technology are approaching CRSRD reporting and turning compliance into opportunity.
This new report reveals how the impending simplification of the CSRD can pave the way for more focused materiality, more decision-relevant data, and deeper integration of sustainability into core strategy.
The CSRD has been revised following the 2025 EU Omnibus proposal. The simplified regulations offer more opportunities than before to leverage the reporting for commercial gain, thanks to reduced data points and a stronger focus on core material issues.
A robust sustainability reporting ecosystem helps leaders measure progress against their sustainability goals. By demonstrating a strong commitment to sustainability, organizations can attract capital and drive value while addressing societal challenges.
Sustainability data is multi-layered and complex, involving numerous granular environmental and social metrics. Organizations need to find efficient ways to manage and report this data accurately to comply to CSRD and to other reporting and disclosures demands.
Ensuring transparency and consistency across the supply and value chain is crucial as the demand for sustainability data from stakeholders and partners increases.
Following the Omnibus simplification announced in 2025, the following thresholds and timelines apply for the different companies falling under the revised CSRD.
Existing reporters (former Wave 1) - Final reporting threshold:
EU companies already reporting under the original CSRD, provided they remain above the revised threshold of:
First reporting date: Reporting already started for FY24; FY26 transition options apply (‘quick fixes’; from FY27 revised ESRS expected to be mandatory
Newly in-scope EU companies (former Wave 2) - Final reporting threshold:
Large EU undertakings and groups with:
First reporting date: First reports in 2028, covering FY2027.
Non-EU parent groups (former Wave 4) - Final reporting threshold:
Non-EU parent groups with:
First reporting date: First reports in 2029, covering FY2028.
Former Wave 3 were the listed small and medium companies under the original CSRD for which reporting is not mandatory any longer post Omnibus.
Since the publication of the CSRD proposal by the EU Commission, a lot has happened. The timeline below shows the steps that have already been taken, and what steps you can expect in the future. The EU Commission has developed the CSRD and requested the EFRAG to create the ESRS (European Sustainability Reporting Standards). Currently, the final Directive and first set of standards are readily available, so you can align your company’s sustainability report with the directive.
Strategic advisory and readiness assessments
Workshops to understand the framework and relevance
Double materiality analysis for insights
Gap assessments using ERM Assess
Digital readiness assessments
Guiding operationalization of CSRD implementation
Closing strategy, program, processes and internal controls, and governance gaps
Ensuring robust reporting with digital tagging
Strengthen compliance confidence
Boost commercial advantage
Manage supply chain risks
Build more sustainable business models
Join us for this comprehensive webinar designed to equip teams with the knowledge and tools needed to implement CSRD programs efficiently.
This session focuses on providing real examples and practical tips to help your organization navigate the complexities with ease and effectiveness.
Global
Laurent Beuselinck
EMEA
Jennifer Klie
North America
Following the Omnibus simplification announced in 2025, the following thresholds and timelines apply for the different companies falling under the revised CSRD.
Existing reporters (former Wave 1) - Final reporting threshold:
EU companies already reporting under the original CSRD, provided they remain above the revised threshold of:
First reporting date: Reporting already started for FY24; FY26 transition options apply (‘quick fixes’; from FY27 revised ESRS expected to be mandatory
Newly in-scope EU companies (former Wave 2) - Final reporting threshold: Large EU undertakings and groups with:
First reporting date: First reports in 2028, covering FY2027.
Non-EU parent groups (former Wave 4) - Final reporting threshold:
Non-EU parent groups with:
First reporting date: First reports in 2029, covering FY2028.
Former Wave 3 were the listed small and medium companies under the original CSRD for which reporting is not mandatory any longer post Omnibus.
Since the publication of the CSRD proposal by the EU Commission, a lot has happened. The timeline below shows the steps that have already been taken, and what steps you can expect in the future. The EU Commission has developed the CSRD and requested the EFRAG to create the ESRS (European Sustainability Reporting Standards). Currently, the final Directive and first set of standards are readily available, so you can align your company’s sustainability report with the directive.
Only limited assurance of results is required.
Source: page 4 ‘Delayed timeline’ On your marks – EU Regulation Policy Alert 2026