Understanding the EU omnibus proposal: Implications for the CSRD

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Listen to Paul Mertenskötter, a CSRD expert at Covington and Burling LLP.; Watershed’s Head of Policy, Matt Fisher; and Watershed’s Head of CSRD, Anna Cerf, as they discuss the details of the European Commission’s omnibus proposal and its implications for companies preparing for CSRD. They covered the details of the omnibus proposal, next steps in the policymaking process, and how companies should navigate the requirements.

We covered:

The scope of the omnibus proposal and its impact on the CSRD.
The timeline and steps for approval from here.
How companies should continue to prepare for the CSRD.

speakers

Paul Mertenskötter

Paul Mertenskötter is an associate at Covington and Burling LLP. He advises companies, investors, and governments on regulatory environmental, social, and governance (ESG), international trade, and public policy matters. He has particular experience advising clients on the European Union’s Green Deal, including the Corporate Sustainability Reporting Directive (CSRD), Corporate Sustainability Due Diligence Directive (CSDDD), EU Forced Labor Products Ban, and Carbon Border Adjustment Mechanism (CBAM).

Matt Fisher

Matt is Head of Policy at Watershed. Matt joined Watershed from Monzo, where he was Head of Policy and ESG. Before Monzo, Matt spent a decade in the UK civil service, holding various roles in the Financial Services Directorate at HM Treasury, as a political negotiator for the UK in the European Council, and in the Department for Exiting the European Union, working on financial services policy and as private secretary to two secretaries of state.

Anna Cerf

Anna Cerf leads CSRD Policy Product for Watershed, where she leads Watershed’s work building a product to streamline the CSRD process for customers. Before Watershed, Anna led work on products for reaching people in extreme poverty with cash payments through mobile money.