Tag: CSRD

Call to restrict sustainability reporting to EU firms with 3,000+ staff
European Parliament rapporteur Jörgen Warborn proposes changes for ‘less red tape and fewer burdens for businesses’.

Companies adopt more than one framework for sustainability reporting
Organisations refer to different systems in tandem to prepare non-financial disclosures, ISS research shows.

Global companies trigger ‘alarm’ over modern slavery reporting
Research suggests too few global companies report finding modern slavery in stark contrast to the estimated number of people caught up in forced labour

Omnibus reform process for non-financial reporting struck by competing demands
The European Commission is working on reforms to CSRD and CSDDD but is faced with diverging demands from diverse interest groups.

EU committee seeks further dilution of sustainability law
Leaked proposed omnibus amendments would see even more companies escape the threshold for the legislation.

How to equip the auditco to monitor sustainability
The board’s expanding remit to oversee non-financial reporting calls for significant reforms, with stakeholder trust being the prize.

Litigation risk ‘will grow’ with ESG legal reforms
Lawyers fear liability risks to companies, saying the changes foster uncertainty, inefficiency and greenwashing.

European Commission’s ‘omnibus’ proposals come under fire
The European Central Bank points to ‘significant’ issues with suggested plans to reduce the scope of sustainability reporting.

Will the EU give the US a pass on its sustainability law?
The current political climate makes the enforcement of EU legislation in America unlikely, suggest academics.

EU sustainability reporting reforms trigger backlash from NGO coalition
Sustainability cited as the biggest loser in the EU’s omnibus process, with claims process is “undemocratic” and “untransparent”