Leaked drafts of the European Commission’s omnibus proposal suggest significant revisions to key sustainability regulations, driven by a desire to streamline reporting requirements. However, they have sparked debate about the impact on transparency and accountability. Seismic's article explores potential implications for businesses.
Recent leaks regarding potential amendments to the Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due Diligence Directive (CS3D), and the Taxonomy Regulation have sent ripples through the sustainability community.
While these changes aim to streamline and simplify the regulatory landscape, they also raise questions about the future of sustainability reporting in Europe.
This article delves into the leaked information, exploring potential implications for businesses, and providing actionable insights to help you stay ahead of the curve.
Seismic then looks at how businesses can achieve their long-term sustainability goals amidst the uncertainty of the proposal, treating transparent sustainability reporting as more than just a compliance exercise, but rather a strategic tool that can drive innovation, enhance reputation, and build trust with stakeholders.
There key recommendations are well-worth reading to ensure that you are prepared to navigate the evolving landscape.
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Read the full article and recommendations here.
About Seismic:
Seismic is an international team of sustainability experts on a mission to help businesses prosper by becoming a force for good. They embed environmental and social expertise within businesses, helping balance sustainable impact with commercial success. With a team of specialists across the breadth of environmental and social sustainability, Seismic deliver credible, commercially viable solutions that drive forward transformational change.