Greens/EFA MEPs have sent a letter to the European Commission asking it not to backtrack on the directive on corporate sustainability (CSRD), the directive on due diligence (CSDDD), and on the European taxonomy. They say they are “alarmed” by the announcement of omnibus legislation that would make changes to these three texts, which they consider “vital”.
“Reopening these legal texts questions institutional stability and legal certainty, public confidence in European legislation”, stress the signatories.
Instead, they recommend providing companies with guidelines or putting in place support measures. In their view, the obligations contained in the CSRD, the CSDDD and the European taxonomy can be optimised in such a way as to alleviate the burden on companies, without affecting the rules that have already been adopted.
The Greens/EFA refer in particular to automated reporting and measures to avoid unnecessary duplication of reporting obligations. To do this, the Commission must map all the financial and non-financial reporting obligations and administrative obligations for companies that have been imposed by European laws for at least three years.
See the letter: https://aeur.eu/f/f1c (Original version in French by Léa Marchal)