Opinion
The announcement by Ursula von der Leyen on November 8th regarding the Omnibus initiative caught more than one person off guard and is still causing quite a stir. On this day, the re-elected President of the European Commission indicated her intention to present an initiative in 2025 to “reduce bureaucracy and the regulatory burden” related to sustainability. She specifically made reference to three regulations: the Taxonomy Regulation, the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD).
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Silvia Irazoqui González
Regulation Manager
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Sofía Galipienso--
European Public Affairs - Senior Policy Adviser