On February 25, 2025, the European Commission adopted new proposals simplifying sustainability regulations for businesses. The proposal cited concerns that complex rules and excessive red tape are hindering competitiveness and discouraging economic investment within the EU. It included delaying the implementation of the Corporate Sustainability Reporting Directive (CSRD) for all available companies and revising other sustainability laws under the European Green Deal.
Commissioners Maria Luis Albuquerque and Valdis Dombrovskis introduced the initiative at a plenary debate of the...