{"id":5015,"date":"2024-12-17T10:44:40","date_gmt":"2024-12-17T15:44:40","guid":{"rendered":"https:\/\/sdgnews.com\/?p=5015"},"modified":"2024-12-17T10:44:42","modified_gmt":"2024-12-17T15:44:42","slug":"eu-groups-call-for-smart-implementation-of-sustainability-rules-to-boost-competitiveness","status":"publish","type":"post","link":"https:\/\/sdgnews.com\/zh\/eu-groups-call-for-smart-implementation-of-sustainability-rules-to-boost-competitiveness\/","title":{"rendered":"EU Groups Call for Smart Implementation of Sustainability Rules to Boost Competitiveness"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\" id=\"h-key-impact-points\">Key Impact Points<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Over <strong>90 organizations<\/strong> urge the EU Commission to support smart and smooth implementation of sustainability reporting.<\/li>\n\n\n\n<li>Weakening sustainability rules risks undermining progress, compliance, and European competitiveness.<\/li>\n\n\n\n<li>Policymakers are urged to focus on practical solutions, avoiding unnecessary changes to the legal framework.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">EU Sustainability Reporting Misrepresented as a Threat<\/h3>\n\n\n\n<p>More than <strong>90 organizations<\/strong> representing civil society, business, banking, and investor interests expressed deep concern about the misrepresentation of EU sustainability reporting as a threat to competitiveness.<\/p>\n\n\n\n<p>The statement, issued on December 12, is a direct response to <strong>EU Commission President Ursula von der Leyen&#8217;s<\/strong> recent omnibus proposal announcement.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The EU Green Deal and Transparency<\/h3>\n\n\n\n<p>The European Commission has made scaling up sustainable finance a priority. Achieving this goal depends on access to <strong>consistent and reliable sustainability data<\/strong> to improve transparency and comparability.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThe EU Green Deal lays the foundation for a transition that advances Europe\u2019s prosperity, strategic interests, and climate goals. Weakening the sustainability reporting framework now would undermine progress, hinder corporate compliance, and obstruct the competitiveness of European companies,\u201d<\/em> said <strong>Mariana Ferreira<\/strong>, Sustainable Finance Policy Officer at WWF EU.<\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cRather than dismantling these frameworks, we urge the European Commission to prioritise smooth implementation, providing businesses with the support they need to thrive while contributing to the EU\u2019s environmental and social objectives.\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\">A Vital Tool for Competitiveness<\/h3>\n\n\n\n<p>Sustainability reporting is essential for businesses to <strong>manage risks, identify opportunities, and drive long-term growth<\/strong>. The signatories emphasized the framework&#8217;s <strong>flexible and proportional nature<\/strong> while offering practical solutions to address overcompliance concerns.<\/p>\n\n\n\t\t<div data-elementor-type=\"page\" data-elementor-id=\"2169\" class=\"elementor elementor-2169\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1ad85f5 e-flex e-con-boxed e-con e-parent\" data-id=\"1ad85f5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c4c36b5 elementor-widget elementor-widget-heading\" data-id=\"c4c36b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><h5 data-elementor-setting-key=\"title\" data-pen-placeholder=\"Type Here...\" style=\"font-family: joanna-nova, sans-serif;font-weight: 400;line-height: var( --e-global-typography-7044a64-line-height );font-size: var( --e-global-typography-7044a64-font-size );letter-spacing: normal;text-align: center\">Change the World - Subscribe Now<\/h5><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-392f45d elementor-widget__width-initial elementor-button-align-stretch elementor-widget elementor-widget-form\" data-id=\"392f45d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;step_next_label&quot;:&quot;Next&quot;,&quot;step_previous_label&quot;:&quot;Previous&quot;,&quot;button_width&quot;:&quot;50&quot;,&quot;step_type&quot;:&quot;number_text&quot;,&quot;step_icon_shape&quot;:&quot;circle&quot;}\" data-widget_type=\"form.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<form class=\"elementor-form\" method=\"post\" name=\"Newsletter Signup Footer\" aria-label=\"Newsletter Signup Footer\">\n\t\t\t<input type=\"hidden\" name=\"post_id\" value=\"2169\"\/>\n\t\t\t<input type=\"hidden\" name=\"form_id\" value=\"392f45d\"\/>\n\t\t\t<input type=\"hidden\" name=\"referer_title\" value=\"SDG News\" \/>\n\n\t\t\t\n\t\t\t<div class=\"elementor-form-fields-wrapper elementor-labels-above\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-email elementor-field-group elementor-column elementor-field-group-email elementor-col-50 elementor-field-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"email\" name=\"form_fields[email]\" id=\"form-field-email\" class=\"elementor-field elementor-size-xs  elementor-field-textual\" placeholder=\"Enter Email Address\" required=\"required\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-group elementor-column elementor-field-type-submit elementor-col-50 e-form__buttons\">\n\t\t\t\t\t<button class=\"elementor-button elementor-size-xs\" type=\"submit\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Subscribe<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/button>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/form>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n\n\n\n<h3 class=\"wp-block-heading\">Supporting a Level Playing Field<\/h3>\n\n\n\n<p>As European leaders aim to <strong>boost competitiveness<\/strong> and attract investment to advance sustainability transitions, the EU sustainability reporting framework is key to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Protecting the EU market<\/strong><\/li>\n\n\n\n<li><strong>Levelling the playing field<\/strong> with global competitors<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>The statement calls on European and national policymakers to focus on:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Smart implementation<\/strong> of reporting standards<\/li>\n\n\n\n<li>Avoiding unnecessary revisions to the legal framework<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>Policymakers are urged to support businesses through smooth implementation, ensuring they can thrive while contributing to Europe\u2019s environmental and economic goals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Impact Points EU Sustainability Reporting Misrepresented as a Threat More than 90 organizations representing civil society, business, banking, and investor interests expressed deep concern about the misrepresentation of EU sustainability reporting as a threat to competitiveness. The statement, issued on December 12, is a direct response to EU Commission President Ursula von der Leyen&#8217;s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[33,28],"tags":[960,61,66,959,60,67],"class_list":["post-5015","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-sustainability","category-finance-investment","tag-eu-sustainability-reporting","tag-sdg-news","tag-sdgs","tag-sustainability-rules","tag-sustainable-development-goals","tag-un-sdgs"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EU Groups Call for Smart Implementation of Sustainability Rules to Boost Competitiveness - 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