Nine in 10 companies removed from Corporate Sustainability Reporting Directive (CSRD) scope in the EU’s Omnibus simplification package plan to maintain or expand their sustainability reporting, according to a survey by osapiens. The poll of 403 decision-makers found the vast majority (88.9%) expected their companies to increase investment in sustainability reporting tools and automation over the next 12 months, while 90% said sustainability reporting was already integrated either partially or fully with financial reporting processes.
Sustainability reporting is already driving business decision-making. Of those surveyed, more than half (52.8%) are using sustainability data to inform operational and resource planning and 38% employ it in financial planning and investment decisions.
