The EU’s Omnibus Package: A Step Back on Sustainability?

Understanding the EU´s new Omnibus proposal and its aims

The European Union Commission's new Omnibus proposal of sustainability rules aims to simplify EU reporting obligations, but it could still cause problems.

TRIBUNE. By easing the obligations of companies, but aligning them with the standards of the companies most committed to a sustainable economy, the European Union intends to restore its full meaning to corporate social responsibility, explains Nathalie Gimenes, Doctor of Management Sciences, in a forum at the "World".

The EU’s Omnibus Package: A Step Back on Sustainability?

We reported in previous blog posts (here and here) on the European Commission’s Green Deal initiatives and their impact on companies doing business in Europe as well as the significant recent...

The Clean Industrial Deal

The European Commission crafted a new strategy to funnel money into climate change initiatives—The Clean Industrial Deal (CID). The European Union has watched as these net zero carbon goals slowly strangle their economies. Yet, those in charge believe they can achieve net zero by 2050 through perpetual spending. The Clean Industrial Deal will allegedly help “energy-insensitive” sectors remain competitive through a €100 billion spending package. …

Europe prepares to reopen GDPR: what the new EU omnibus package means for data protection

Following the EU’s recent unravelling of sustainability regulations through its Omnibus package, the EU is now poised to revisit the General Data Protection Regulation (GDPR) as part of another  upcoming omnibus simplification package expected as early as April. The proposed changes to GDPR will have a particular focus on easing compliance burdens for small and mid-sized enterprises (SMEs). EU Justice Commissioner Didier Reynders recently confir…

Last February, the European Commission adopted a proposal to reduce considerably the requirements for publication of information.