This position paper details specific recommendations from the responsible investor perspective on the European Commission Omnibus I proposal. It seeks to simplify and improve the coherence of the EU sustainable finance framework while preserving its core principles. 

On 26 February 2025, the European Commission published its ‘Omnibus I’ proposal to simplify EU corporate sustainability reporting rules. The proposal amends the Corporate Sustainability Reporting Directive (CSRD), Corporate Sustainability Due Diligence Directive (CSDDD) and the delegated acts of the EU Taxonomy.  

Our position paper provides further details on how to: 

  1. Preserve the integrity of EU sustainable finance framework
  2. CSRD: Ensure investors can access simplified yet decision-useful sustainability data across the value chain 
  3. CSDDD: Ensure effective, proportionate and practicable due diligence and avoid creating a tick-box exercise
  4. EU Taxonomy: Safeguard the quality of information 

This position paper is informed by PRI signatories’ needs, expressed in our previous joint PRI-EUROSIF-IIGCC investor statement released earlier in February, along with further feedback from additional signatories that did not sign the statement. Signatory feedback was collected through 25 bilateral interviews and a survey. 

This paper will guide PRI’s engagement with policymakers during the co-decision process, bringing the responsible investor voice and ESG data user perspectives to support a simplified yet ambitious EU sustainable finance framework aligned with the transition and the Clean Industrial Deal objectives. 

Download the paper in full below, as well as our Excel list of ESRS indicators. 

 

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