EU omnibus: Leaked draft suggests drastic reduction in sustainability obligations
The bloc is seeking to exempt 31,000 companies from certain sustainability regulations.
An official announcement is due to be made this week, but a leaked draft and written requests from Member States offer clues as to the extent of the sustainability compliance simplification companies can expect.
The European Union is widely seen as a beacon of ambition for global sustainability regulation: in the last few years alone, the bloc has passed new laws around green investments, ESG reporting, sustainability due diligence, deforestation and sustainable packaging.
