In this IEP@BU Policy Brief No. 43 (June 2025), titled Green Disclosure: Red Tape or Strategic Tool?, we (Sylvie Goulard and Aure Keraron) argue that the EU’s Corporate Sustainability Reporting Directive (CSRD) – with its double materiality and assurance requirements – is a vital strategic tool, not mere bureaucracy.

While the 2025 Omnibus simplification package seeks to ease burdens amid economic pressures, we caution that excessive rollbacks risk undermining the Green Deal, fragmenting the single market, eroding Europe’s green competitiveness, and ignoring ongoing climate and biodiversity crises.

Reliable ESG reporting supports informed decisions, financial stability, innovation, and long-term resilience – essential for the sustainable transition.