Why Sustainability Reporting Still Matters For Maltese Companies

For most Maltese companies, mandatory sustainability reporting has quietly disappeared. Whilst that might settle the legal question, it does leave us with a more interesting and useful one.

Here we don’t focus on what the Omnibus changed, this is covered in our Omnibus Updates series. Instead this article picks up where that leaves off: why sustainability still matters once the reporting duty falls away, what your lenders now expect of you whatever your size, and, for those with little time to spare, which other rules are still worth keeping an eye on, even when CSRD doesn’t apply.

So, what now?

For the best part of two years, a good number of Maltese companies braced for the Corporate Sustainability Reporting Directive. Some appointed a working group. Others mapped their data, conducted a double materiality assessment, ran a gap analysis, sat through a workshop or two. Then the Omnibus package raised the thresholds to the point that most of these companies fell out of scope, and