On Tuesday 24 February, the Council of the EU formally approved the simplification of reporting and due diligence requirements in the area of sustainable development to strengthen the EU’s competitiveness, following the green light given by the Committee of Permanent Representatives on 20 February.
The so-called ‘Omnibus I’ simplification package (see EUROPE B13771A33) simplifies the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence...