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European Union: EU institutions give businesses the gift of legal certainty on sustainability rules
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European Union: EU institutions give businesses the gift of legal certainty on sustainability rules
In brief In February 2025, the European Commission presented its “Omnibus” package aiming to delay application and simplify the CSRD1, the ESRS2, CSDDD3 and the EU Taxonomy with the ultimate goal of reducing administrative burden and thus addressing concerns that the rules would hamper European competitiveness (see our summary of the Omnibus here). In parallel, and with an aim to address similar concerns, a proposal for simplification and delay …
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