EU vote to water down sustainability rules could spell bad news for impact firms
14 okt. 2025
14:03
The EU legal committee has backed the parliament's proposal to water down corporate sustainability reporting requirements.
The proposal is now one step closer to implementation, and is already affecting companies working in the reporting space.
"It's pulled the rug out from under us,” Petter Palander, founder of The Climate Action Agency, told Impact Loop.
The proposal is now one step closer to implementation, and is already affecting companies working in the reporting space.
"It's pulled the rug out from under us,” Petter Palander, founder of The Climate Action Agency, told Impact Loop.
With 17 votes in favour, 6 against and 2 abstentions, the EU Parliament's legal affairs committee yesterday approved proposals that entail major changes in how companies must report on sustainability and conduct so-called due diligence assessments.