Peters & Peters

Why EU Omnibus Package Is Receiving Mixed Reactions

The EU’s Omnibus Package, set for release on February 26, aims to simplify sustainability reporting and due diligence regulations like the CSRD and CSDDD. While some see it as a positive move to foster competitiveness, others raise concerns that the changes could undermine crucial environmental and human rights protections.

 

In this article for Law 360, Maria Cronin and Isabel Phillips discuss what we know about the implementation bill for the omnibus simplification package and why the timing is crucial.