Sustainability reporting regulations at the crossroads. A critical note on the EU Omnibus

日本語

本稿は、EUのオムニバス提案がサステナビリティ報告規制（CSRD等）に与える影響を批判的に検討する。報告義務の簡素化と規制の実効性のバランスを論じ、企業の開示負担軽減が情報の質や比較可能性を損なうリスクを指摘する。欧州の気候関連開示制度の今後の方向性に示唆を与える。

English

This paper critically examines the EU Omnibus proposal's impact on sustainability reporting regulations such as CSRD. It discusses the balance between simplifying reporting obligations and maintaining regulatory effectiveness, warning that reducing the disclosure burden may undermine information quality and comparability. Offers insights into the future trajectory of European climate-related disclosure rules.

日本のGX文脈において

EUの規制動向はISSBやSSBJの運用にも影響し得る。日本企業が欧州で事業展開する場合、CSRDの適用範囲変更や簡素化に注視する必要がある。日本の開示実務との比較の観点でも示唆に富む。

In the global GX context

The EU Omnibus is a major regulatory development reshaping CSRD, CSDDD, and the Taxonomy. This paper provides a critical perspective on deregulation risks that could influence the coherence of global sustainability disclosure frameworks, including ISSB and SEC rules.