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Article

29 Jan 2025

Author:
Anna Brunetti, Euractive

EU: European Commission convenes roundtable with 58 corporations & 10 civil society groups to discuss upcoming Omnibus proposal

Photo: GoodLifeStudio, Getty Images via Canva

"Commission means business: Dombrovskis summons corporates for EU rules review," 29 January 2025

...European and multinational heavyweights, particularly from the financial and energy sectors, are set to meet Economy Commissioner Valdis Dombrovskis to flag which provisions they would like to see revised in the bloc’s ‘omnibus’ proposal, which is expected to be unveiled on 26 February...

[T]he business roundtable could lay the groundwork for turning some of the [Competitiveness] Compass’s pledges into immediate policy proposals. This could include the creation of an ad hoc favourable regulatory regime for “small mid-caps," according to the agenda seen by Euractiv.

The banking sector will be widely represented... Meanwhile, major energy companies will include French conglomerates Total Energies and ENGIE, Italy's ENI, Spain's Moeve... and US multinational ExxonMobil. Conversely, the food, drink and consumer goods sector – one of the sectors most affected by the supply chain legislation – is barely represented, with only US giant Pepsico on the list of invitees...

The talks will also involve civil society and labour representatives... In total, however, the list includes 58 business sector invitees compared to just 10 NGOs.

Part of the following timelines

EU: Development & implementation of the Corporate Sustainability Reporting Directive (CSRD)

EU Corporate Sustainability Due Diligence Directive: Transposition Updates & Resources