Objection to Sustainability Reporting Standards

by name voted on 18.10.2023

Summary

The motion objects to the Commission's delegated regulation on sustainability reporting standards due to excessive administrative burdens. It calls for simpler, more measurable standards and better protection for smaller companies.

9 18.10.2023

Other

environment

public administration

business and competition

simplification of legislation

Key points

The motion objects to the current sustainability reporting standards due to their high level of complexity.
There is a concern that most existing standards fail to provide usable and measurable performance indicators.
The reporting requirements demand significant resources, which creates a heavy burden for smaller companies.
Current regulations may jeopardize the goal of reducing bureaucracy and could harm EU competitiveness.

Vote

PPE

S&D

Renew

Verts/ALE

ECR

ID

NI

The Left

Total

Speeches

1 Speech in total

Pro

Contra

Tiemo WÖLKEN

S&D

2:10 min

11.5. Objection pursuant to Rule 111(3): European Sustainability Reporting Standards (vote)

Documents (PDFs)

MOTION FOR A RESOLUTION on the Commission delegated regulation of 31 July 2023 supplementing Directive 2013/34/EU of the European Parliament and of the Council as regards sustainability reporting standards

These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.