Investors defend sustainability disclosures as EU embarks on simplification omnibus
Reopening passed regulations like CSRD and CSDDD "could jeopardise the Commission’s goal to reorient capital in support of the European Green Deal”.
Thousands of investors managing trillions of assets have come out in defense of EU sustainability regulations like CSRD and CSDDD and urged legislators not to reopen negotiations.
Reminding that “investors are the key users of sustainability disclosures”, the group warns that reopening passed regulations like the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD) risks creating regulatory uncertainty “and could ultimately jeopardise the Commission’s goal to reorient capital in support of the European Green Deal”.
