Brussels/Ljubljana – On Monday, the EU Council and the European Parliament reached an agreement on simplifying corporate sustainability reporting and due diligence rules, part of the European Commission’s omnibus legislative proposal. The Ministry of Economy, Tourism and Sport expressed support for the proposal’s objectives but remains cautious regarding individual amendments, as reported to STA on Tuesday. This proposal has faced opposition in Slovenia from some societal and political groups.
The ministry highlighted the importance of considering warnings from the author of the EU competitiveness report, Mario Draghi, regarding the significant regulatory burden the current system imposes on companies. They stated, “Thus, we support the legislative package’s goals aimed at enhancing EU company competitiveness by simplifying sustainability reporting and due diligence requirements, particularly for smaller companies, while maintaining benefits for people and the environment.”
They underlined, “Although we back efforts to streamline legislative frameworks and lessen corporate burdens, we remain vigilant about specific amendment proposals. Solutions need to be well-considered, proportionate, and professionally argued.”
In Slovenia, several NGOs and some political factions oppose the proposal. Eleven NGOs have raised concerns that the EU is dismantling crucial legislation meant to protect people and the environment under the guise of reducing administrative burdens. The Human Rights Ombudsman emphasized that any measures to reduce the economic administrative load must ensure responsible business practices that protect human rights and the environment. Additionally, the Levica party, part of the ruling coalition, opposed the easing measures.
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