Commission issues proposals to reduce administrative burdens for companies and citizens – “Omnibus” package – Brussels

On the 26^th of February, the European Commission adopted a series of legislative proposals that simplify compliance with EU rules for business and citizens.

The “Omnibus” package in particular aims to:

• Increase efficiency when it comes to sustainability and due diligence reporting;
• Improve the functioning of the Carbon Border Adjustment Mechanism (CBAM);

Pieces of legislation covered by Omnibus include the Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due Diligence Directive (CSDDD), the Taxonomy and Delegated Act and CBAM.

The proposals can be accessed here.