Omnibus Package

With its Omnibus package, the EU Commission has made proposals to reduce bureaucracy in sustainability reporting. For the Deutsches Aktieninstitut, they do not go far enough.

The EU Commission is proposing significant exemptions from sustainability reporting requirements. The ‘Omnibus‘ initiative has more momentum than previous attempts to streamline bureaucracy.

The upcoming EU Omnibus legislative package aims at simplifying requirements for sustainability reporting. As the first details emerge, a fierce dispute is already raging over what exactly should be included.