Nachrichten & Pressemeldungen -

Ursula von der Leyen gives a speech to the European Parliament on 27 November 2024

CC-BY-4.0: © European Union 2024 – Source: EP

Joint statement on Ursula von der Leyen's proposed omnibus directive

In order to reduce the bureaucratic burden of ESG reporting obligations, European Commission President Ursula von der Leyen presented the so-called Omnibus Directive on 8 November 2024. However, civil society organisations fear that the proposal could weaken key EU corporate responsibility laws.

The legislative proposal aims to harmonise and simplify the Corporate Sustainability Reporting Directive (CSRD), the EU Taxonomy Regulation and the Corporate Sustainability Due Diligence Directive (CSDDD). Whether a discharge is actually achieved remains questionable given the complexity of the rules. At the same time, there is concern that the omnibus approach could dilute existing safeguards in the area of human rights, the environment and corporate responsibility.

A broad coalition of civil society organisations, including FEMNET, has issued a joint opinion calling on the European Commission to preserve existing EU laws protecting human rights and the environment.