With exclusive insights from 250+ companies, we break down how businesses are responding to the Omnibus Proposal, the growing role of voluntary reporting, and what it all means for your ESG strategy.
Coolset, a Dutch market leader in sustainability management software, has launched its VSME module, providing mid-market companies with a structured and efficient way to maintain ESG transparency without excessive regulatory burden.
With the EU Omnibus Proposal reshaping sustainability reporting, thousands of companies that were previously required to comply with the Corporate Sustainability Reporting Directive (CSRD) may now fall outside its scope. While this reduces mandatory reporting obligations for many businesses, ESG transparency remains a strategic advantage, influencing investor trust, supplier relationships, and long-term competitiveness.
As businesses reassess their ESG strategies, the Voluntary Sustainability Reporting Standard for SMEs (VSME) is emerging as the preferred choice for companies looking to maintain structured sustainability reporting—without unnecessary complexity.
The Omnibus proposal has reshaped the ESG reporting landscape, raising CSRD thresholds to 1,000 employees and exempting thousands of mid-sized companies from mandatory reporting. While this reduces regulatory pressure, businesses still face growing expectations from investors, corporate clients, and financial institutions to disclose ESG performance.
"Many companies are no longer required to report, but their competitors might be. Choosing to continue ESG reporting signals maturity, strengthens credibility, and provides a competitive edge in an evolving market," says Coolset's CEO Konstantinos Kouzelis.
Coolset’s VSME module provides a simplified and structured approach to ESG reporting, helping businesses collect sustainability data, meet stakeholder expectations, and remain adaptable to future regulatory changes.
With Coolset, companies can:
Coolset's VSME product offers two reporting modules:
“With Coolset, businesses don’t have to choose between compliance and efficiency. We provide a structured ESG framework that aligns with market expectations, keeps companies competitive, and allows for a seamless transition to CSRD if needed in the future,” he added.
As regulatory shifts continue, businesses that stay proactive in ESG reporting will be better positioned for long-term success. Coolset’s VSME module ensures that companies report efficiently, maintain credibility, and future-proof their sustainability strategy.
Interested in learning more? Schedule a call with our team today.
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Learn how the new VSME framework helps mid-sized companies navigate ESG reporting after CSRD rollbacks.
Note: This article is based on the original CSRD and ESRS. Following the release of the Omnibus proposal on February 26, some information may no longer be accurate. We are currently reviewing and updating this article to reflect the latest regulatory developments. In the meantime, we recommend reading our Omnibus deep-dive for up-to-date insights on reporting requirements.
Updated on March 24, 2025 - This article reflects the latest EU Omnibus regulatory changes and is accurate as of March 24, 2025. Its content has been reviewed to provide the most up-to-date guidance on ESG reporting in Europe.