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The Omnibus Package: What Companies and ESG Managers Need to Know
In response to growing concerns about the complexity of sustainability regulations and their potential to hinder European businesses, the European Commission has introduced the Omnibus Simplification Package. This proposal aims to streamline corporate sustainability reporting while maintaining the EU’s ambitious environmental and social goals. The Omnibus package is a critical turning point in the EU’s […]
The EU Commission is stepping into 2021 with Sustainability (ESG) at the forefront
The EU Commission believes that EU based companies are gradually focused on the short-term financial benefits of shareholders rather than their long-term interests and sustainable value creation, a recent study has found. If this is indeed a fact, it runs a risk of hurting the investment capacity of firms and damage cash flow. For […]