Comments
13th of February 2025

Comment on Omnibus initiative

Simplify sustainability-related requirements for businesses (EC simplification package on ESG reporting)

Sustainability Europe German Banking Industry Committee
Adrian Schwantes
Adrian Schwantes

The GBIC outlines proposals through which the efficiency, steering-relevance and implementation of existing sustainable finance regulation could be improved. Through an Omnibus-Initiative the EU frameworks on sustainability reporting, the Taxonomy and the sustainability due diligence law should be adapted. These changes should aim to improve the regulatory frameworks’ usability while simplifying implementation for companies. 

Comment on Omnibus initiative

PDF
Download
Adrian Schwantes

Contact

Adrian Schwantes

Sustainable Finance

This might also interest you:

Comments
31st of August 2026

Comments on the Cloud and AI Development Act (CADA)

The German Banking Industry Committee (GBIC) supports the European Commission’s objective of strengthening Europe’s digital sovereignty and reducing dependencies in cloud, AI and data centre infrastructures.

Comments
15th of July 2026

GBIC comments on the EBA Discussion paper

Simplification and assessment of the credit risk framework

The German Banking Industry Committee welcomes the initiative of the European Banking Authority (EBA) to explore possible avenues for simplifying the existing credit risk framework.