The government passes the royal decree governing the new carbon footprint register and imposes obligations on businesses and public authorities
The new legislation strengthens the role of the national register as an instrument for reducing emissions, requires large enterprises and public agencies to calculate their carbon footprint and publish reduction plans, and promotes CO₂ absorption projects with environmental and social benefits.Omnibus proposal: the European Commission adopts the first package of simplification measures for EU rules
The initiative, which will now follow the legislative procedure,involves changes to the CSRD and CSDDD directives and puts forward amendments to the delegated acts on the Taxonomy, together with the Regulation on the Carbon Border Adjustment Mechanism and the InvestEu Regulation.The European Commission presents a Competitiveness Compass, which will simplify the regulatory burden of sustainability reporting, due diligence and taxonomy
One of the targets of the Competitiveness Compass, which will guide the Commission’s work over the next five years, is to reduce the regulatory and administrative burden drastically. In this context, the Omnibus proposal, expected in February, will be designed to simplify the sustainability reporting, due diligence and taxonomy.