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Προσθήκη του ot.gr στην GoogleThe European Union is in danger of undermining its global leadership on sustainable business regulation by weakening key environmental reporting rules under the guise of improving competitiveness, according to MEP Lara Wolters, as reported in an interview with The Ethical Corporation Magazine.
Wolters, a Dutch member of the European Parliament involved in corporate transparency debates since 2019, warned that the EU risks “shooting itself in the foot” by reducing the scope of major sustainability legislation.
She said the growing political focus on “competitiveness,” amplified by the 2024 Draghi report on EU economic performance, has increasingly become a justification for deregulation rather than simplification.
“Unfortunately, ‘competitiveness’ and ‘simplification’ are being used interchangeably,” Wolters said, adding that in practice, the debate often translates into “slashing rules.”
Her comments follow reforms to the EU’s sustainability framework, bundled under the so-called Omnibus bill, which came into force in March and significantly reduced the scope of several reporting obligations.
One of the most affected measures is the Corporate Sustainability Reporting Directive (CSRD), originally designed to cover more
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