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EU executive says process was ‘accelerated’ in response to stakeholder concerns on ‘complexity and implementation cost’.
Discussions and disagreements mostly focus on CSDDD, but CSRD scope also under scrutiny.
Leaked working document suggests clarifications on CSDDD simplification, more details around SME sustainability information sharing.
More than 300 stakeholders respond to European Commission's proposed amendments as part of sustainability Omnibus package.
EU Platform on Sustainable Finance calls for taxonomy’s coverage to be aligned with CSRD’s original scope.
Market participants flag concerns that over-simplification could see a return to a fragmented disclosure landscape.
Ministers and political parties express support for passing CSRD, CSDDD delay proposal as soon as possible.
Lack of rules on reporting of group data means significant double-counting may be taking place, EU expert group warns.
EFRAG set to develop technical advice on ESRS cuts, European Commission expected to set deadline soon.
While some have raised concerns over diminishing transparency, others have welcomed efforts to streamline the EU rules.