​​The Sustainability Omnibus: Key points for consumers

Consumers increasingly want to be able to invest their money sustainably. To develop sustainable products and to be able to invest sustainably, financial institutions and consumers need trustworthy information about the companies they invest in.

This information is provided by the rules covered in the Omnibus Regulation, part of the European Commission’s recent simplification drive.

The Omnibus encompasses the Taxonomy, which classifies sustainable activities, and the Corporate Sustainability Reporting Directive and the Corporate Sustainability Due Diligence Directive ensure that companies report about their activities and consider their impact along the value chain.

This document sets out what it is important to get right from a consumer perspective in the EU’s Omnibus Regulation to ensure consumers can still invest sustainably. BEUC advocates for simplification without de-regulation. This can be achieved by addressing redundancies and inconsistencies between different pieces of legislation and by creating a single reporting standard for non-listed SMEs.