EU Seeks to Streamline ESG Regulations Amid Growing Backlash

The European Union is working to simplify its environmental, social, and governance (ESG) regulations in response to increasing criticism from businesses and investors. The goal is to make the rules more practical and less burdensome, addressing concerns that the current framework is too complex and costly. This move aims to balance the need for robust ESG standards with the realities of implementation, ensuring that companies can more easily comply while still advancing sustainability goals

Source: https://www.bnnbloomberg.ca/business/2024/11/25/eu-seeks-to-streamline-esg-regulations-amid-growing-backlash/