On Tuesday night, an EU agreement was reached, which states that only companies with more than 1,000 employees and an annual turnover of more than 450 million euros – equivalent to 3.36 billion kroner – must report on sustainability.
The agreement, the so-called Omnibus agreement, is expected to reduce administrative burdens in Denmark alone by several billion kroner annually, because fewer companies are covered by the rules. Dansk Metal assesses that the agreement is a strengthening of the conditions for companies in both Denmark and the rest of Europe.
- This is good news for Denmark and for Danish workplaces. We have an ambition that Denmark and Europe should be leaders in creating good jobs – not in creating as much bureaucracy as possible. Although things are generally going well in Denmark, we will need to equip Europe even more in the competition with China and the USA, says Claus Jensen, chairman of the Danish Metal Confederation.
At the same time, the organization emphasizes that it remains important to maintain rules that protect employees, and calls on politicians to choose their battles carefully in the further work on regulatory simplification.
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