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The revised EU Sustainability Reporting Standards have been significantly reduced down to just one-third of the original disclosures.
Under intense pressure to cut reporting obligations and prioritise deregulation over transparency and safeguards against greenwashing, Europe's leadership in setting sustainability standards is at risk. While the new standards provide a functional framework, their application relies on companies approaching implementation in good faith.
For the first time, the European Peoples Party (EPP) in the European Parliament is relying on the support of the anti-European, right-wing groups to pass a legislative text - its position on the Omnibus 1 simplification package. This represents a clear break with the cordon sanitaire that previously kept such alliances off-limits.
As Europe’s sustainability reporting rules face intense political scrutiny, a new analysis by Frank Bold provides timely evidence that the Corporate Sustainability Reporting Directive (CSRD) is already driving meaningful change in practice.
Explore findings from our research and access legal analysis, practical guidance and best practices to help you navigate EU sustainability legislation and accelerate your path to decarbonisation.
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