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EU Commission president Ursula von der Leyen in March pledged to reduce reporting requirements on businesses by 25 percent (Photo: European Union 2023 - Source : EP)

EU confirms watering-down of new corporate reporting rules

The EU Commission this week published new environmental, social and governance (ESG) reporting rules — confirming earlier watered-down requirements.

In June, the commission published draft rules that will cover some 50,000 EU companies and are meant to improve their disclosures on 12 standards — also covering workforce-related issues such as collective bargaining and adequate pay.

But commission president Ursula von der Leyen in March pledged to reduce reporting requirements on ...

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

EU Commission president Ursula von der Leyen in March pledged to reduce reporting requirements on businesses by 25 percent (Photo: European Union 2023 - Source : EP)

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

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