The European Commission has launched the Omnibus Simplification Package, which brings major changes to CSRD, CSDDD, and the EU Taxonomy. The goal? To streamline compliance for companies that must follow the new sustainability rules. What does this mean for your business? - Fewer companies will fall under the immediate scope - Reporting deadlines will be extended - Disclosure requirements will be simplified
In the context of European regulations, the Omnibus Directive represents a set of legislative amendments adopted by the European Union to enhance transparency, sustainability disclosure, and ESG compliance. Serving as a key update to the CSRD, it directly impacts organizations implementing sustainability strategies aligned with the EU Taxonomy. The ECONOS team provides comprehensive advisory across compliance assessments, materiality analysis, and decarbonization strategies.
The Hague has made history as the first city globally to enact legislation banning advertisements for fossil fuel products and services, effective January 1, 2025. Approved by the Municipal Council, this measure removes street advertising for petrol, diesel, aviation, and cruise lines in support of climate neutrality goals.
South Korea has established itself as an international benchmark in food waste management, achieving an unprecedented 98% recycling rate. This transformation is driven by a comprehensive regulatory framework mandating source separation and promoting circular solutions through economic incentives.