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European Parliament Proposes Stricter Limits on ESG Reporting Requirements

Summary by fintech.global
The European Parliament’s Committee on Economic and Monetary Affairs (ECON Committee) is proposing a dramatic scaling back of sustainability reporting and due diligence obligations, in a move that could exempt thousands of companies from the European Union’s ESG regulations. According to a draft amendments report seen by ESG Today, the proposed changes go well beyond the European Commission’s recent Omnibus package, which had already sought to r…
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ESG Today broke the news in on Thursday, May 15, 2025.
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