EU: could the corporate reporting and due diligence directives be overhauled?

In a statement at a press conference following an informal meeting of heads of state, which initially went unnoticed, Ursula von der Leyen called into question the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD). The European Commission president raised the possibility of introducing “omnibus” legislation to replace these texts. This consists of bringing together “different topics to reduce bureaucracy, to reduce reporting...