EU Seeks to Streamline ESG Regulations Amid Growing Backlash
The European Commission’s Berlaymont building in Brussels.
Photographer: Lukasz Kobus/European CommissionThis article is for subscribers only.
The next European Commission will urgently seek to streamline the bloc’s many environmental, social and governance rules, as it responds to complaints that excessive regulations are gutting industry competitiveness.
Simplification will be at the center of the incoming commission’s work, a spokesperson for the European Union’s executive arm told Bloomberg. The plan is to deliver significant measures to reduce burdens, the person said.