As a follow-up to the political agreement reached between U.S. President Donald Trump and EU Commission President Ursula von der Leyen regarding cross-Atlantic trade on July 27th, 2025, the United States and the EU issued a...more
8/25/2025
/ Climate Change ,
Corporate Sustainability Reporting Directive (CSRD) ,
Due Diligence ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Foreign Policy ,
Foreign Relations ,
Framework Agreement ,
Popular ,
Tariffs ,
Trade Policy ,
Trump Administration ,
US Trade Policies
Although the final ESRS will not be published for several months, it is clear that these new standards will differ significantly from the original ESRS. Understandably, there has been a focus on EFRAG reducing the number of...more
The European Commission has extended the deadline for the European Financial Reporting Advisory Group (EFRAG) to submit its technical advice on simplifying the European Sustainability Reporting Standards (ESRS) under the...more
After a number of rounds of drafts, the EU Council has signed off on its position regarding the revisions to CSRD and CSDDD brought about by the Omnibus....more
6/26/2025
/ Corporate Governance ,
Corporate Social Responsibility ,
Corporate Sustainability Reporting Directive (CSRD) ,
Disclosure Requirements ,
Due Diligence ,
EU ,
New Regulations ,
Omnibus Guidance ,
Proposed Legislation ,
Regulatory Reform ,
Reporting Requirements ,
Sustainability
Germany's new chancellor, Friedrich Merz, called for the repeal of the CSDDD during his inaugural visit to the European Commission on May 9, 2025. German public television quoted him as follows: “The permanent solution to...more
5/13/2025
/ Corporate Governance ,
Corporate Sustainability Reporting Directive (CSRD) ,
EU ,
EU Directive ,
European Commission ,
European Parliament ,
Germany ,
Human Rights ,
Popular ,
Proposed Legislation ,
Regulatory Reform ,
Supply Chain
Just as the European institutions adopted a Stop The Clock before a deep dive on Omnibus provisions, a coalition of NGOs filed a formal complaint on April 18, 2025, with the European Ombudsman. They claim the European...more
4/21/2025
/ Climate Change ,
Corporate Governance ,
Corporate Sustainability Reporting Directive (CSRD) ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
NGOs ,
Regulatory Reform ,
Rulemaking Process ,
Sustainability ,
Taxonomy ,
Transparency
On April 3, 2025, the European Parliament adopted, by an overwhelming majority, a Directive that would “stop the clock” on certain reporting requirements under the EU Corporate Sustainability Reporting Directive (CSRD), as...more
The European Union published its long-awaited "Omnibus" package, proposing to delay key European ESG rules, while simultaneously reducing the applicability and burden of corporate sustainability reporting and due diligence...more
2/27/2025
/ Carbon Emissions ,
Corporate Governance ,
Corporate Sustainability Reporting Directive (CSRD) ,
Disclosure Requirements ,
Due Diligence ,
Environmental Social & Governance (ESG) ,
EU ,
Investors ,
Omnibus Guidance ,
Regulatory Requirements ,
Sustainability