EU Omnibus: What's at stake for the bloc's sustainability rules this autumn?
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EU Omnibus: What's at stake for the bloc's sustainability rules this autumn?
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After a turbulent first half of the year following the release of the EU's sustainability Omnibus, Brussels is back in session and gearing up for a busy autumn of discussions and decisions on how to simplify a number of sustainable finance regulations.
Formal negotiations between EU lawmakers are expected to kick off shortly on proposed changes to the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD), while a consultation on the European Sustainability Reporting Standards (ESRS) will close at the end of this month.
It comes as the European Commission last month promised the US that it will make efforts to ensure its corporate sustainability reporting and due diligence rules do not impose “undue restrictions” on transatlantic trade.
In this episode, senior reporter Fiona McNally – who has been on the ground in Brussels – talks to deputy editor Elza Holmstedt Pell about the biggest things to watch for as the future of EU sustainability and green rules are determined.