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CSRD and the Omnibus Proposal – Implications for Fund Managers

CSRD and the Omnibus Proposal PDF | 4.02 MB

Following the publication of the Omnibus Proposal in February this year, the EU’s law-making institutions moved with impressive speed to approve a key element of the European Commission’s (“Commission”) Omnibus Proposal, postponing the application of the Corporate Sustainability Reporting Directive (“CSRD”) by two years. Pursuing commitments outlined in the EU’s Competitiveness Compass relating to the Commission’s aim to reduce drastically the regulatory and administrative burden, the Omnibus Proposal significantly reduces the scope of the Corporate Sustainability Reporting Directive (“CSRD”) and aims to simplify sustainability reporting. Read More>