The EU Parliament Delays the Omnibus I Deal. What’s Next for Europe’s Sustainability Rules?
The European Parliament’s vote on the Omnibus I package marks a turning point for the EU’s sustainability framework. As lawmakers revisit amendments and timelines for the CSRD and CS3D, businesses and investors face growing uncertainty, and opportunity, in how Europe will balance ambition, simplification, and global ESG leadership.
“While directly serving their customers, companies should indirectly serve the interests of society by taking responsibility for the holistic impact of their activities. Its simply a more broad view of value creation. This is what ESG is all about.”
Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth