EU guidelines: Depereability should save billions for companies!

EU guidelines: Depereability should save billions for companies!

ÖVP-European MP Angelika Winzig and Lukas Mandl have been positive about the new draft for the de-bureaucratization of reporting obligations via supply chains and sustainability, which is part of the so-called "Omnibus Ordinance I". The two MPs emphasize that these regulations should help companies in the European Union to reduce bureaucracy and thus save billions of costs. Mandl emphasizes that new parliamentary majorities in the EU Commission are necessary to set important priorities, while Jörgen Warborn, a Swedish MP, leads negotiations in the European Parliament. However, tiny warns that decarbonization must not go hand in hand with de -industrialization, which will be decisive for the future of many jobs.

The Omnibus I package pursues several goals. According to [akeuropa.eu] (https://www.akeuropa.eu/de/omnibus-i-paket-waesserung-des-eu -eu -eu-and-der-sustainability report), it includes three essential proposals: a guideline proposal to postpone the start of the application of the supply chain guideline (CSDDD) and certain reporting obligations in the Sustainability reporting (CSRD), a proposal to change the content of these guidelines as well as a proposal for adaptation of the CO₂ border compensation mechanism (CBAM). Critics fear that the proposed changes could significantly damage workers: inside, environment and climate.

essential changes and their effects

One of the planned changes is the shift of the implementation periods for the CSDDD from July 2026 to July 2027 and the adaptation of the reporting obligations, which are now not to come into force in 2028. The mandatory reporting obligations under the CSRD are expected to affect significantly fewer companies, since only those with more than 1,000 employees: inside and sales of over 50 million euros are affected. This could reduce the number of companies that are obliged by around 80 %.

In addition, the new regulations are designed that companies only have to concentrate on their direct suppliers and that the risk assessment should only be carried out every five years. Further measures provide that Member States are not allowed to issue more stricter laws than the EU guidelines and that the planned regulation on civil liability is deleted. According to critics, these adjustments restrict the necessary legal framework to act against exploitation and environmental degradation.

obligations for companies

Companies affected by the new guideline must analyze human rights, working conditions and the environment and take suitable measures to prevent or mitigate them, as [wko.at] (https://www.wko.at/nachhaltige---eu-eu-eu-eu-eu-eu-eu-eu-chain law). A DUE-diligence policy must be set up that not only your own company, but also expectations of business partners: Brandmarkt.

To maintain the social and ecological risks, the establishment of a DUE diligence system is required. The companies are obliged to pass on their diligence to pass on along the entire supply chain and offer their partners support in order to avoid economic risks. This includes, for example, the provision of low -interest loans for smaller business partners: inside. Companies must also report regularly about their progress in compliance with the diligence of due diligence and make the associated information accessible.

The coming months will be crucial to decide whether the proposals mentioned are accepted or changed in the EU Parliament. Parliament's committees have important conversations on the basis of the bureaucracy relief and competitive situation, and Mandl already sees positive developments in the negotiations. It remains to be seen which majorities will ultimately prevail in the legislative process.