
ESRS Omnibus Update: What the New Draft Means
Following the European Commission’s initiation of the Omnibus and EFRAG’s publication of the Draft Simplified European Sustainability Reporting Standards (ESRS) on December
From Double Materiality Assessments to ESRS-aligned data collection and automated reporting, Novata simplifies CSRD compliance so you can focus on what matters.
The European Parliament has approved the provisional Omnibus I agreement, significantly narrowing the scope of CSRD and CSDDD. While final legal steps are still pending, it’s clear that many companies will fall out of mandatory CSRD reporting, though sustainability expectations from markets, lenders, and value-chain partners remain.
For companies no longer in scope, frameworks like VSME and the draft simplified ESRS offer practical, flexible paths to continue disclosing sustainability data in line with stakeholder expectations.
Novata integrates smart sustainability data management with industry expertise to streamline CSRD reporting and ensure regulatory alignment.
Identify actual and potential impacts, risks, and opportunities to your company and value chain.
Gather the most relevant sustainability metrics in alignment with ESRS standards—all in one place.
Ensure high-quality, assured reporting with Novata’s data management tools and advisory support.
From ESRS Readiness to Metric Screening, we offer CSRD Advisory solutions that will give you confidence in your data collection capabilities.
“Novata has provided us with exceptional expertise, tailored support, and a deep understanding of CSRD and carbon accounting. Their flexibility and industry-specific approach have been key in helping us navigate complex reporting requirements and ensuring that we meet all necessary standards.”
Explore how Novata’s CSRD solutions can help your business stay ahead of regulatory requirements.

Following the European Commission’s initiation of the Omnibus and EFRAG’s publication of the Draft Simplified European Sustainability Reporting Standards (ESRS) on December

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