The European Commission set out to solve a problem: too many sustainability frameworks, too much regulatory complexity, too many compliance headaches. Their solution? The Omnibus simplification package, designed to create uniform reporting standards aligned with global frameworks like ISSB's IFRS S1 and S2. It sounds logical, even overdue. Yet this push for uniformity may be creating a bigger challenge than the one it sought to fix.
Does context matters more than consistency in sustainability reporting?
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