Session as part of the EUI Climate Week 2025.
The future of sustainability reporting lies in balancing implementation, practicality, and global impact. As the CSRD and the EU Taxonomy move into full implementation, financial and non-financial companies face data-related challenges and operational hurdles, with SMEs being particularly burdened. Amidst ongoing concerns of ‘overregulation’, the Commission’s recent omnibus proposal introduces changes intended to simplify compliance. However, these changes also raise critical questions about whether they strike the right balance between feasibility and ambition, or if they risk diluting the rigor of EU sustainability standards. Globally, non-EU companies and regions are shaping their own reporting frameworks, offering valuable comparisons. This panel will explore the impact of the omnibus package, strategies for balancing ambition and pragmatism, and broader implications for Europe’s competitiveness.
Chair: Laura Iozzelli, Research Fellow, Florence School of Transnational Governance, EUI
Speakers:
- Helena Viñes Fiestas, Chair of the EU Platform on Sustainable Finance, European Commission and Commissioner of the Spanish Financial Markets Authority
- Jurei Yada, Director, Strategic Member State Engagement & Head of EU Sustainable Finance, E3G
- Harold Pauwels, Director of Standards, Global Reporting Initiative (online)
- Silvia Merler, Head of ESG and Policy Research, Algebris Investments
Conclusion: Pierre Schlosser, Deputy Director, Florence School of Banking and Finance, EUI
Participation in this event is by invitation only and all deliberations will take place under the Chatham House rule (no views or positions may be attributed publicly to any participant).
More information and the full programme of the EUI Climate Week 2025 can be found here.