Bellona Europa has co-signed a letter in the context of the Omnibus Simplification Package, urging decision-makers to safeguard the Corporate Sustainability Reporting Directive, the European Sustainability Reporting Standards, and the Corporate Sustainability Due Diligence Directive.

This joint statement has been backed by 130 investors and financial institutions, 87 real-economy companies and 92 other organisations.

The statement emphasises that preserving the key elements of both the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD) is essential to redirect capital flows toward forward-looking technologies and sectors, in alignment with the objectives of the Clean Industrial Deal.

Rules on sustainability reporting and corporate due diligence are key for achieving Europe’s climate and sustainability goals, but also its competitiveness agenda. Protecting their core principles must therefore be a priority. 

Read the full letter below: