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EU’s efforts to cut red tape will go beyond ESG reporting, Commission says

By Oscar Pandiello ( February 4, 2025, 13:36 GMT | Insight) -- EU companies will see new measures to cut administrative costs, alongside simplified sustainability reporting requirements, an EU official said today. The proposed "omnibus" law will reduce mandatory data points and streamline reporting duties under key Green Deal laws, with further simplification measures set to be unveiled in the European Commission’s upcoming work program, which is due to be published next week.EU companies will see new measures to cut their administrative costs in addition to the simplification of the sustainability reporting requirements, a senior EU official said today....

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