The final Omnibus 1 text has now been ratified. What now? Listen to Julia Otten, Senior Policy Officer at Frank Bold and Andreas Rasche, Assistant Dean and Professor of Business in Society at Copenhagen Business School
The Omnibus 1 agreement has finally been signed off – but what happens next?
In this last episode before the Christmas break, Frank Bold’s Senior Policy Officer Julia Otten and Andreas Rasche, Assistant Dean and Professor of Business in Society at Copenhagen Business School, return to the Frankly Speaking podcast, hosted by Richard Howitt, to give their final verdict on what the Omnibus 1 means for the effectiveness of sustainability legislation in the EU.
Together they discussed to what extent the final Omnibus package provides certainty to businesses and broke down the key changes to the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD). You’ll also hear more about:
Is it really is possible for companies to "do the right thing"?
There's very little pressure being applied to companies by investors looking at how they're actually behaving and treating human rights as a core business priority. This needs to change.
Investors shouldn't just take companies' word for what they're doing; they should investigate what the companies are actually doing regarding human rights.
