The EU Commission's proposal for regulatory simplification, which the EU Parliament is to vote on this week, could stall the green transition and affect Nordic companies. This is the opinion of Kira Marie Peter-Hansen of the Danish Socialist Party, who represents the Greens group in the EU Parliament.
The so-called omnibus sustainability package is intended to reduce bureaucracy by, among other things, reducing the amount of reporting requirements.
- I fear that this could stall development. I also fear that it will affect Nordic companies, because many of our companies have been at the forefront of the green transition, says Kira Marie Peter-Hansen.
According to her, it could weaken the competitiveness of Nordic companies if other countries no longer have to follow suit with the EU Commission's reporting requirements. She believes that it is unfair to the companies that have started reporting. From 2025, the first 80 Danish companies must submit their sustainability reports.
The companies must, among other things, report on environmental, social and management conditions in the companies. This was part of the European Commission's proposal to promote the green transition in the EU. In February 2025, the Commission proposed to relax the rules for reporting to make the EU more competitive.
According to Kira Marie Peter-Hansen, this is a step in the wrong direction.
- It is a problem if we do not ensure that our legislation is adapted to the market we want, but the market that was once there, as we all know, is the market we need to move away from when it comes to green transition, she says.
The Greens are particularly critical of the proposal that only large companies with over 1,000 employees must follow the reporting requirements.
- We are particularly critical of the fact that around 80 percent of companies are exempted from doing sustainability reporting, says Kira Marie Peter-Hansen
- I think that is too many. A large part of them have a great environmental responsibility.
jel /ritzau/
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