Archive

EU lawmakers agree vote on 'stopping-the-clock' on sustainability rules

Omnibus debate exposes divisions in European Parliament

European Parliament approves delay to deforestation regulation

Sustainability assurance: sailing a boat under construction

The cost of gaining assurance, data quality and the need for subjective judgments could limit the usefulness of sustainability assurance, Michael Hurley writes

EFRAG asks for clarity on what omnibus means for its sustainability standards

A leading figure at the EU's corporate reporting adviser has pleaded for clarity from the European Commission on what rumours of upheaval to sustainability reporting frameworks will mean for its own work.

One-year delay to Deforestation Regulation agreed by EU Council, Parliament

The EU Deforestation Regulation will apply one year later than initially proposed, after agreement by the European Council and Parliament staved off proposals from right-wing politicians to water down the rules.

Prospective omnibus regulation 'targeting wrong EU sustainability regulations'

The European Commission is targeting the wrong regulations as it aims to "reduce the reporting burden" for companies, according to an adviser in the European Parliament.

EU countries reject move to weaken Deforestation Regulation

The European Council blocked a move by Members of European Parliament to weaken the EU Deforestation Regulation as they voted to confirm a one-year delay to the proposed rules.

Investors urge EU against delaying deforestation regulation

Institutional investors have urged the European Parliament to reject a request to delay the EU Deforestation Regulation, saying it would unfairly "disadvantage countries and companies that have moved promptly to prepare for the new requirements".

Piecemeal rollback of sustainability rules more likely than review of CSRD, observers say

A full review of the EU Corporate Sustainability Reporting Directive (CSRD) to reduce the reporting burden on corporates is unlikely, but a more politically conservative European Parliament could see a piecemeal rollback of regulations, a lawyer has said.