The Omnibus Simplification Package is a legislative proposal by the European Commission aimed at simplifying sustainability regulations, reducing bureaucracy, and consolidating frameworks such as the CSRD, CSDDD, and the EU Taxonomy into a single regulatory text. Its objective is to streamline laws without altering their core content, promoting transparency and regulatory coherence to support the sustainable transition. However, the proposal has drawn criticism from companies, civil society, and associations, who fear a weakening of existing standards and regulatory fragmentation. Some are concerned it may create confusion and undermine Green Deal goals, while others see its potential to simplify compliance for SMEs.
Source: THE GOOD IN TOWN S.r.l.
