๐ข ๐จ๐ฝ๐ฑ๐ฎ๐๐ฒ๐ฑ ๐๐จ ๐ข๐บ๐ป๐ถ๐ฏ๐๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐ โ ๐ ๐ฎ๐ท๐ผ๐ฟ ๐ฆ๐๐๐๐ฎ๐ถ๐ป๐ฎ๐ฏ๐ถ๐น๐ถ๐๐ ๐ฆ๐ต๐ถ๐ณ๐๐ ๐๐ผ๐ป๐ณ๐ถ๐ฟ๐บ๐ฒ๐ฑ The Omnibus proposal is officially out, with some major regulatory rollbacks for corporate sustainability in Europe. With changes spanning the CSRD, CSDDD, Taxonomy, and CBAM, the reporting landscape has just changed dramatically. ๐ ๐ช๐ฒโ๐๐ฒ ๐๐ฝ๐ฑ๐ฎ๐๐ฒ๐ฑ ๐ผ๐๐ฟ ๐ฐ๐ผ๐บ๐ฝ๐ฎ๐ฟ๐ถ๐๐ผ๐ป ๐๐ฎ๐ฏ๐น๐ฒ ๐๐ผ ๐ฟ๐ฒ๐ณ๐น๐ฒ๐ฐ๐ ๐๐ต๐ฒ๐๐ฒ ๐ฑ๐ฒ๐๐ฒ๐น๐ผ๐ฝ๐บ๐ฒ๐ป๐๐โ๐๐ต๐ถ๐ฐ๐ต ๐๐ฒ ๐ต๐ผ๐ฝ๐ฒ ๐ฎ๐ฟ๐ฒ ๐๐๐ฒ๐ณ๐๐น ๐ณ๐ผ๐ฟ ๐ฏ๐๐๐ถ๐ป๐ฒ๐๐๐ฒ๐ ๐ป๐ฎ๐๐ถ๐ด๐ฎ๐๐ถ๐ป๐ด ๐๐ต๐ฎ๐โ๐ ๐ป๐ฒ๐ ๐. ๐จ ๐ช๐ต๐ฎ๐โ๐ ๐๐ต๐ฎ๐ป๐ด๐ถ๐ป๐ด? ๐ ๐๐๐บ๐บ๐ฎ๐ฟ๐: 1๏ธโฃ CSRD โ Reporting Scope Slashed ๐น Two-year delay for many companies that havenโt yet reported. ๐น 80% of companies removed from mandatory reporting ๐น Sector-specific standards scrapped ๐น ESRS under review for streamlining 2๏ธโฃ CSDDD โ Weakened Due Diligence Rules ๐น Focus only on direct suppliers โ removal of full value chain due diligence ๐น Assessment frequency cut โ Required every 5 years instead of annually ๐น Penalties softened โ No references to fines related to global turnover ๐น Civil liability removed 3๏ธโฃ EU Taxonomy โ Reporting Becomes Optional for Most ๐น Only โvery largeโ companies must report (>1,000 employees) ๐น 80% of companies exempted from Taxonomy alignment ๐น Partial alignment reporting introduced 4๏ธโฃ CBAM โ Simplification and exemptions ๐น Exemption threshold introduced for importers ๐น Implementation delayed to 2027 instead of 2026 ๐น Product coverage remains the same for now but may expand in 2026 ๐น Emissions tracking requirements simplified ๐ What is your takeโnecessary streamlining or a retreat from sustainability leadership? Can a balance be struck between sustainability and competitiveness? I think it can. In fact, I don't think they even should be contradictory. The big question is whether this omnibus strikes that balance. I'm not so sure. #CSRD #CSDDD #EUTaxonomy #CBAM #Sustainability #ESG #SustainabilityReporting #EURegulations #ClimateFinance #CorporateResponsibility
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