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13-05-2025 16:15
Hearing on Reporting obligations

Hoorzittingen JURI
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On 13 May 2025, the Committee on Legal Affairs will hold a public hearing on Reporting obligations.

The Draghi Report on The Future of European Competitiveness concluded that the EU needs to reduce bureaucracy for undertakings to strengthen EU competitiveness. This has become the Commission's guiding principle, which set the goal to reduce red tape by, at least, 25% for companies and 35% for SMEs. On 26 February 2025, the Commission published the first Omnibus Package, including the proposal 2025/0045 (COD) to amend the scope and content of reporting obligations under the Corporate Sustainability Reporting Directive ((EU) 2022/2464). JURI committee decided to organise a public hearing to elaborate on the changes for reducing administrative burdens for businesses without compromising objectives of relevant EU laws. The programme of the hearing has interventions from representatives of bodies active in the field of non-financial sustainability reporting, auditing entities and business operators, such as SMEs. The hearing will be preceded by a presentation of a study on the same topic.