The RSM whitepaper on Omnibus examines how the EU's Omnibus Simplification Package transforms ESG regulations by reducing administrative burdens through higher reporting thresholds, delayed timelines, and shifting to "limited assurance" for sustainability reporting. While reducing CSRD's scope by 80% and postponing implementation by two years for non-reporting companies, it doesn't diminish ESG's strategic importance. Rather, it frees companies from rigid compliance frameworks, enabling tailored ESG strategies aligned with their specific sector, risk profile, and sustainability ambitions. 

The paper outlines a three-step approach: assessing ESG maturity, determining ESG profile based on size, financial stance, regulatory exposure, sector activities, and customer demands, and designing appropriate reporting infrastructure. Companies can now focus on strategic integration that balances regulatory alignment with value creation, turning sustainability into a competitive advantage while addressing stakeholder expectations and industry-specific regulations that remain in force despite CSRD simplifications.