FAQ: Omnibus Simplification Package

10 years on, the UK Modern Slavery Act's impact is evolving. Learn why stronger measures are crucial for ethical supply chains and business benefits.

While VSME remains voluntary, the Omnibus proposal recommends the standard as a go-to framework to ensure SMEs stay prepared for evolving regulations and shifting market expectations.

While the EU takes a hard turn on its sustainability regulations, companies must maintain a strategic vision and focus on long-term resilience rather than short-term relief.

The European Commission introduced its hotly anticipated Omnibus Simplification Package amid EU deregulation push.

Importers into the EU of carbon-intensive goods have to report emissions embedded in their products, putting additional strains on industrial supply chains.

An overwhelming amount of national elections were or still are scheduled for this year, with over 60 countries casting votes, promising a critical juncture for sustainability policies.

Those who have invested in voluntary disclosure are seeing returns, as they are well-prepared for the new requirements.

Laws like the LkSG and the recently approved CSDDD now mandate responsible business conduct, urging companies to scrutinize their supply chains closely.

This article highlights some of the CSDDD’s groundbreaking aspects and how EcoVadis can help your company take a proactive approach to due diligence that builds value beyond compliance.

The International Capital Market Association (ICMA) launched a voluntary code for those providing the services increasingly relied upon by the market.

EcoVadis welcomes the EU’s bid to promote clarity and integrity in the market for ESG ratings and data providers.

After lengthy negotiations and much compromise, EU member states have finally reached a consensus on the CSDDD, moving closer to setting a new standard for corporate sustainability in the bloc.