Position on the Omnibus Simplification Package on Sustainability Requirements

Eurochambres welcomes the European Commission’s commitment to adapt the regulatory framework to the challenges businesses face daily, thereby reducing the burden linked to excessive reporting and unnecessary compliance costs. The 'legislate now and deal with the consequences later' approach is no longer a viable solution as it undermines the long-term competitiveness of the European Union.

While the omnibus simplification package on sustainability requirements is a positive step, the chamber network urges the European Commission to adopt a more comprehensive burden reduction plan to create a flexible regulatory environment for businesses.