Omnibus

Leaked draft opinion also suggests watering down the scope of CSRD, CSDDD to companies with 3,000 staff.

EU standards body outlines ‘key levers’ to simplify sustainability reporting standards.

Sources say rapporteur is considering number of changes to the Commission’s omnibus proposal.

Central bank weighs in on Omnibus proposals, calls for simplified standards for firms with 500+ employees.

Discussions and disagreements mostly focus on CSDDD, but CSRD scope also under scrutiny.

One approach up for discussion could see hundreds of data points become voluntary guidance.

Debate shows MEPs remain divided, while EU standards body approves work plan to simplify ESRS.

Leaked working document suggests clarifications on CSDDD simplification, more details around SME sustainability information sharing.

European Commission ‘aware’ of outcome as some EFRAG sustainability board members express lack of confidence in implementation plans.

The latest developments in sustainable finance: Danish FSA tells investors to improve active ownership disclosures; USAID suspension could encourage debt-for-nature swaps, says Nuveen.