The approval of the European Commission’s Omnibus I proposal by the European Parliament’s Committee on Legal Affairs, accepting controversial changes to key sustainability directives is of great concern. These changes, namely to the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD), threaten to significantly dilute business reporting and due diligence obligations.
Warning against the impact of the EP’s endorsement of the changes, Hélène Bohyn, Policy & Advocacy Manager at the Better Cotton Initiative said: “What is presented as ‘simplification’ is in truth a dangerous dilution of essential safeguards. The European Parliament’s endorsement of the changes significantly weakens legal pressure for corporate accountability and risks dismantling the transformative power of the CSRD and CSDDD – landmark frameworks built to protect human rights and the environment. We strongly urge the European Parliament to reconsider and call on businesses to resist the temptation to lower their standards.”
More about the EU’s sustainability directives: Omnibus Or Not, Due Diligence Is a Must: Policy Breakdown