Press on with sustainability for resilience

THE sustainability landscape has seen significant developments in recent months. Following the announcement by the United States on its plans to withdraw from the Paris Agreement, the European Union unveiled the Omnibus Simplification Package on sustainability that includes the delaying of the implementation of the Corporate Sustainability Reporting Directive and the Corporate Due Diligence Directive.

For the untrained, these developments can look like governments are taking a step back in their push for sustainability. On closer examination, it is anything but that.

In fact, the Omnibus Package highlights the EU’s recognition that sustainability goes beyond merely reporting. Instead of overcomplicating sustainability reporting and assurance, it seeks to steer companies to focus on the actual measures that can help to reduce carbon emissions.