CSRD Slashed: EU’s Corporate Sustainability Regulations Significantly Reduced

There were around 3500 legislative procedures in the US last year. And in the EU? There were 13,000. We urgently need to get away from this regulatory density – writes Carsten Knobel, CEO of Henkel. Part 11 of the WELT series "The Voice of the Economy".

The ridiculous EU 'sustainability' mandates on U.S. companies * WorldNetDaily * by Marlo Oaks, Real Clear Wire

For years, unelected regulators and global financial firms have colluded and used other people’s money to force businesses to address climate change and social issues. Under the guise of Environmental, Social, and Governance (ESG), proponents diverted capital away from the energy sector, prioritizing political activism over prudent financial stewardship. The resulting misallocation of capital is most acutely felt in Europe, where energy prices a…

The first draft of 'simplification' presented by the Commissioner for the Economy left the environmental obligations of the companies practically in wet paper and provoked a confrontation with the team of Teresa Ribera to maintain them, although the scope of application is substantially reducedBrussels cuts the environmental demands on the companies and reduces the fines They have not fulfilled the first 100 days of mandate of the second cabinet…

EU taxonomy deregulation puts green investments at risk, experts warn

Cutting reporting requirements around sustainable investing could backfire.

CSRD Slashed: EU’s Corporate Sustainability Regulations Significantly Reduced

The EU’s new Omnibus proposal cuts Corporate Sustainability Reporting Directive scope by 80 percent, delays reporting, and revises sustainability standards to ease c

EU proposes to scrap sustainability reporting laws for businesses

The European Commission (EC) proposed to simplify sustainability rules for businesses, on Wednesday, arguing that complex regulations and “red tape” are preventing EU businesses from maintaining competitiveness and hindering economic investment. The primary proposal is to delay the application of the new Corporate Sustainability Reporting Directive (CSRD) law for applicable companies, as well as other sustainability laws that form part of the Eu…