EU businesses’ sustainability reporting simplified by the EU Commission
( July 3, 2026, 15:46 GMT | Official Statement) -- MLex Summary: EU businesses’ reporting on sustainability issues is simplified by the revised reporting standards adopted on Friday by the European Commission. The measures, an implementing text, reduce the number of mandatory data points by over 60 percent and are expected to cut reporting costs by over 30 percent per company. The application starts after a scrutiny period of four months maximum under the European Parliament and the Council of the EU.See the attached EU implementing text, a "delegated act"....
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