Source: European Parliament
Question for written answer E-001837/2025
to the Commission
Rule 144
Mario Mantovani (ECR), Denis Nesci (ECR)
The proposed Omnibus package lays down provisions to relieve the administrative burden on small and medium-sized enterprises (SMEs) under the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD). SMEs would become exempt from the obligation to report on a series of environmental, social and governance (ESG) standards linked to environmental sustainability.
However, this lifting of reporting and due diligence obligations would not extend to EU banking supervision and prudential requirements. In particular, the Capital Requirements Directive (CRD) and the Capital Requirements Regulation (CRR) would, regardless of the Omnibus exemption, continue to oblige SMEs to report on a series of ESG/ESR environmental sustainability factors and standards used to assess risk profiles in banking relations. Such an assessment would be particularly complicated and costly for SMEs, would require them to go to great lengths to provide the necessary information and could lead to difficulties in accessing credit for reasons that do not necessarily have any bearing on the way the company is managed. There is no point to the proposed Omnibus package if simplifications are not extended to the banking sector too.
In view of this, given that the proposed Omnibus package lifts the obligation on SMEs to report sustainability metrics, does the Commission not think that it should provide for their exemption from ESG/ESR reporting obligations in the CRR and CRD with respect to banking supervision and prudential requirements?
Submitted: 7.5.2025