EU adopts omnibus proposal, trims sustainability reporting requirements

EU adopts omnibus proposal, trims sustainability reporting requirements

ESG news for industry leaders. Covering sustainability, regulation, governance, risk and compliance, finance, and more.

Conversely, the European Asset Management Association (Efama) is concerned about the partial opt-in regime for green taxonomy.

The European Banking Federation welcomes the Omnibus package

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The Omnibus Picks Up Speed – An In-Depth Look at the European Commission’s February 26 Proposal | Insights | Ropes & Gray LLP

The EU Commission has today proposed a comprehensive revision of sustainability guidelines. In the framework of an omnibus process, the sustainability guidelines Corporate Sustainability Due Diligence Directive (CSDDD), Corporate Sustainability Reporting Directive (CSRD) and EU taxonomy are to be merged - a step that took without official consultation and impact assessment and challenges eight years of political work.

Germanwatch: Maintaining fundamental values of the European Green Deal and not regulating at the expense of the environment and human rights under the guise of the