The Omnibus package represents a step toward fostering a more favourable business environment. However, while regulatory simplification is essential, it must not come at the expense of losing critical data needed for evidence-based decision-making.

With water rising rapidly on the sustainable finance agenda, limiting reporting obligations primarily to large companies would significantly narrow the scope of available data for financial decision-making. Between data inconsistencies, greenwashing fears, and lack of transition clarity, market participants are, and will remain, cautious.