“EU Employment Committee Draft Opinion Opposes Reductions In Sustainability Reporting”

The future of sustainability reporting in the European Union is in peril as legislators debate the Omnibus Simplification Package. The current proposal includes significant changes to the Corporate Sustainability Reporting Directive and the Corporate Sustainability Due Diligence Directives. As the legislative process unfolds in the Parliament, members are submitting proposed amendments through various committees. In the Committee on Employment and Social Affairs, a draft opinion expresses clear opposition to any reductions to the CSRD or the CSDDD…

…The shift to the right in EU politics embolden opponents to the European Green Deal directives. As a result, the Commission proposed a package of new directives to “reduce the burden” on businesses…

The Omnibus Simplification Package was officially adopted by the Commission in February. The proposal is being debated in the Council and the Parliament. In the Parliament, the debate is public and working through multiple committees, giving interest parties and MEPs the opportunity to voice their opinions…

In the Committee on Employment and Social Affairs, known as EMPL, the committee chose to post a draft opinion by the rapporteur before posting amendments by members…

…The draft included language that directly criticizes the Commission and objects to changes…