The consensus text criticised for watering down corporate sustainability requirements had been approved by centre parties in committee last week, but MEPs narrowly rejected it in a plenary vote yesterday.
EU parliament committee doubles down on the bloc’s sustainability simplification drive, hardening proposals in the controversial “Omnibus” package that have come under fire for diluting flagship corporate impact reporting regulation.
An initiative claiming to ‘simplify’ EU sustainability laws has been branded ‘full-scale deregulation’ by opponents, with former UN high commissioner for human rights Mary Robinson calling on the European Parliament to resist the reforms.
