EU Parliament Appoints Leaders To Negotiate Sustainability Reporting Reduction

EU Parliament Appoints Leaders To Negotiate Sustainability Reporting Reduction

In anticipation of the legislative process in the Parliament, the political parties have designated members to lead the debate in the Legal Affairs Committee

Momentum on Voting on the Omnibus Delay and Updating Corporate Sustainability Reporting Requirements

European Parliament approves urgent Omnibus procedure. EFRAG fast-tracks ESRS simplifications for streamlined corporate sustainability reporting by 2026

EU Commission proposes three-year delay on CO2 fines for carmakers

Under this “targeted amendment” over-polluting EU carmakers will have three years instead of one to meet stricter emissions limits on new car sales.

European Council adopts proposal to delay sustainability reporting

The European Parliament has set an April 1 vote for the “stop the clock” measure, which would officially delay reporting deadlines for the bloc’s corporate sustainability laws.

European Parliament Votes to Delay EU Sustainability Reporting Requirements

There is no doubt that sentiment toward ESG initiatives has shifted – in the U.S. and elsewhere. For starters, the SEC recently voted to withdraw its court defense of its own climate change disclosure guidelines. The ESG pullback has also reached Europe, as, in February 2025, the European Commission proposed an omnibus package of measures to simplify and streamline the EU’s ESG reporting requirements, as discussed here. More recently, and as dis…

ESG Reporting: A Strategic Business Imperative

ESG reporting has undergone a dramatic shift in corporate America. Today, executives view sustainability metrics as key to their bottom line rather than