Last week, the European Commission published a report on the future of European competitiveness prepared by Mario Draghi, the former president of the European Central Bank. The wide-ranging report criticizes EU policy-making in several areas, while urging greater ambition in others. It contains detailed \u2013 and in some cases radical \u2013 recommendations focused on three key themes: the need to support innovation, especially in the field of advanced technologies; the opportunities created by the decarbonisation imperative; and the need to increase European security, including by reducing supply chain dependency.<\/p>\n
The regulatory burden faced by EU companies, especially SMEs, is highlighted in the foreword of the report and sustainability regulation is discussed in Part B of the detailed recommendations. The report states that "the EU's sustainability and due diligence reporting framework is a major source of regulatory burden, exacerbated by a lack of guidance to facilitate the application of complex rules and to clarify the interaction between different pieces of legislation". (Simon Witney, more at lexology.com<\/span><\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":" Last week, the European Commission published a report on the future of European competitiveness, prepared by Mario Draghi, former President of the European Central Bank. The extensive report criticises EU policy-making in several areas, while urging greater ambition in others. It contains detailed \u2013 and in some cases radical \u2013 recommendations focused on three key themes: the need to support innovation, particularly in advanced [\u2026]<\/p>","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[34],"tags":[],"class_list":["post-30648","post","type-post","status-publish","format-standard","hentry","category-lca_esg_ghg_csddd_csrd_iso_flr"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/30648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/comments?post=30648"}],"version-history":[{"count":0,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/30648\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/media?parent=30648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/categories?post=30648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/tags?post=30648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}