{"id":8348,"date":"2025-08-11T09:22:54","date_gmt":"2025-08-11T06:22:54","guid":{"rendered":"https:\/\/esghub.ro\/?p=8348"},"modified":"2025-08-11T09:22:54","modified_gmt":"2025-08-11T06:22:54","slug":"eurosif-initiative-and-joint-call-to-maintain-eu-sustainability-standards","status":"publish","type":"post","link":"https:\/\/esghub.ro\/en\/initiativa-eurosif-si-apelul-comun-pentru-mentinerea-standardelor-ue-de-sustenabilitate\/","title":{"rendered":"Eurosif initiative and joint call to maintain EU sustainability standards"},"content":{"rendered":"<h2><strong>Business organisations call for protecting the integrity of CSRD and CSDDD in the context of the Omnibus I review<\/strong><\/h2>\n<p>The Eurosif initiative, part of a joint endeavour by European investors and companies, emphasises the importance of keeping intact the core elements of the EU's sustainable finance framework. In the context of the discussions on the Omnibus I proposal, Eurosif and other umbrella organisations - Institutional Investors Group on Climate Change (IIGCC), Principles for Responsible Investment (PRI), Corporate Leaders Group Europe (CLG Europe), Global Reporting Initiative (GRI) and the think-tank E3G - warn that the amendments under discussion risk to significantly reduce the effectiveness of the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD).<\/p>\n<p>The reporting framework supported by Eurosif emphasises that these rules are not only reporting tools, but also important elements for competitiveness, growth and attracting investment in technologies, aligned with the objectives of the Green Industrial Pact. Through transparency and responsible behaviour, companies become more resilient, better prepared for sustainability challenges and better able to communicate effectively with investors.<\/p>\n<h2><strong>Recommendations: preserving dual materiality, increasing transparency and binding climate plans<\/strong><\/h2>\n<p>The recommendations aim at targeted simplification without compromising the substance and benefits of these rules. These include:<\/p>\n<ul>\n<li>maintaining the dual materiality approach in environmental, social and governance reporting, with interoperability with international standards such as ISSB, GRI and TNFD<\/li>\n<li>maintaining the threshold for inclusion in the CSRD for companies with more than 500 employees, with the possibility of a phased implementation<\/li>\n<li>Provide an information-sharing framework in the value chain that allows investors access to relevant data;<\/li>\n<li>maintaining risk-based due diligence principles in line with UN and OECD standards<\/li>\n<li>Obliging the adoption of climate transition plans with science-based targets, accompanied by clarifying implementation requirements as obligations of means, not of result.<\/li>\n<\/ul>\n<p>The main message is that a clear and stable regulatory environment is essential for business and investors to contribute effectively to a competitive and sustainable European economy, while supporting the objectives of decarbonisation and long-term growth.<\/p>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>Organiza\u021bii din mediul de afaceri cer protejarea integrit\u0103\u021bii CSRD \u0219i CSDDD \u00een contextul revizuirii Omnibus I Ini\u021biativa Eurosif, parte a unui demers comun al investitorilor \u0219i companiilor europene, subliniaz\u0103 importan\u021ba men\u021binerii intacte a elementelor de baz\u0103 ale cadrului de finan\u021bare sustenabil\u0103 al UE. \u00cen contextul discu\u021biilor privind propunerea Omnibus I, Eurosif \u0219i alte organiza\u021bii coordonatoare [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":8349,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":6,"footnotes":""},"categories":[9],"tags":[],"class_list":["post-8348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-noutati"],"_links":{"self":[{"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/posts\/8348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/comments?post=8348"}],"version-history":[{"count":1,"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/posts\/8348\/revisions"}],"predecessor-version":[{"id":8350,"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/posts\/8348\/revisions\/8350"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/media\/8349"}],"wp:attachment":[{"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/media?parent=8348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/categories?post=8348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/esghub.ro\/en\/wp-json\/wp\/v2\/tags?post=8348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}