A bill to implement the EU's so-called Stop-the-clock Directive was first read in the Danish Parliament on Tuesday. The bill postpones the CSRD requirements for companies and puts work on the rules on hold while negotiations on simplifications are underway in the EU. The Ministry of Business and Industry writes.
The government, together with the Liberal Alliance, the Conservative People's Party, the Danish People's Party and the Radical Left, have already expressed their support for the bill, which is now about to be adopted.
- We are taking a decisive step in the right direction - away from unnecessary hassle. It is important for our companies and our society. Because the business community wants the green transition. But the companies are drowning in unnecessary paperwork. The pause button provides clarity for companies and time for us in the EU to make a thorough simplification of the rules so that they actually promote green transition and strengthen Europe's competitiveness, says Morten Bødskov, Minister of Industry and Trade.
The bill means that around 2,000 Danish companies will only have to comply with the new requirements in 2028 and 2029.
At the same time, around 80 companies that have already reported will be given the opportunity to opt out of their sustainability auditor without the normal requirements for a decision and documentation at the general meeting.
amp
Text, graphics, images, sound, and other content on this website are protected under copyright law. DK Medier reserves all rights to the content, including the right to exploit the content for the purpose of text and data mining, cf. Section 11b of the Copyright Act and Article 4 of the DSM Directive.
Customers with IP agreements/major customer agreements may only share Danish Offshore Industry articles internally for the purpose of handling specific cases. Sharing in connection with specific cases refers to journaling, archiving, or similar uses.
Customers with a personal subscription/login may not share Danish Offshore Industry articles with individuals who do not themselves have a personal subscription to Danish Offshore Industry.
Any deviation from the above requires written consent from DK Medier.
