Insights
The Insights page offers a collection of thoughts and perspectives on crucial topics in sustainability, supply chain management, organizational development, and project management. Here, I share valuable insights that reflect my commitment to fostering informed discussions while helping businesses navigate the complexities of today's challenges. Join me in exploring these vital subjects, as I believe that knowledge empowers both organizations and individuals to make impactful decisions.
CSRD/ESRS & Omnibus process – next step in Sweden
Earlier this autumn, the Swedish government published a referral to the Council on Legislation (lagrådsremiss), a draft legislative proposal submitted for legal review. The Council will now examine the proposal, after which the government may present a bill to Parliament to potentially introduce the postponement into the Swedish Annual Accounts Act. This process is Sweden’s way of implementing the EU Omnibus directive on sustainability reporting.
What does this mean for companies?
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Wave 1 companies (large public-interest entities) remain unaffected and must report according to the original CSRD timeline.
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Wave 2 and 3 companies would, if the proposal is adopted, have additional time before the CSRD reporting requirements take full effect.
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At the same time, the ESRS standards are under review, with adjustments aimed at simplification and more practical application across EU member states.
Why this matters
The so-called “stop the clock” proposal is intended to give companies more time to prepare for sustainability reporting. However, in my client work I see many companies in Sweden continuing with ambitious sustainability plans. Instead of waiting for political certainty, they are preparing to use the 2025 CSRD reporting cycle as a starting point to establish baselines, set measurable targets, and build long-term governance processes.
This reflects a broader trend: sustainability reporting is shifting from a compliance obligation to a strategic tool for governance, transparency, and competitiveness. Companies that act early can strengthen stakeholder trust, improve data quality, and align reporting with broader ESG goals.
In my view, businesses that invest in structure and capabilities now will be in a stronger position once the CSRD requirements fully apply – regardless of how the legislative timeline evolves.