On Wednesday 26 February, the European Commission delivered on its promise to reduce the regulatory burden on businesses by proposing to simplify and postpone a number of emblematic texts from the previous mandate in an ‘omnibus’ simplification package covering four pieces of legislation: the Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due Diligence Directive (CSDDD), the Taxonomy Regulation and the Carbon Border Adjustment Mechanism (CBAM). In a...