CSRD and EU Taxonomy within Belgian Banks:
Benchmarking Report 2026

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ESG reporting in the EU remains a rapidly evolving landscape, with organizations navigating the early implementation of the CSRD, ESRS, and EU Taxonomy amid ongoing regulatory change. Looking ahead, the Omnibus II simplification package is expected to reshape sustainability reporting requirements, making it essential for organizations to future-proof their disclosures.

Against this backdrop, KPMG Belgium benchmarked the FY2025 annual and sustainability reports of Belgium's six largest banks to assess how the sector is approaching ESG reporting, while recognizing that differences in methodologies and scope may affect comparability.

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