Paris – On Thursday, French Economy Minister Eric Lombard emphasized the need to streamline business operations while maintaining commitments to sustainability and transition goals. He expressed appreciation for the Commission’s recognition of this need and its intent to implement practical measures.
However, Lombard highlighted that the proposals must be refined to better address the challenges posed by international competition. He stressed the importance of simplifying the framework by reducing the number of indicators and establishing common metrics, particularly to support micro and small to medium-sized enterprises (SMEs).
In a joint statement, Afep, which represents France’s largest companies, along with employer organizations Medef and France Industrie, called for sustainability reporting standards to be concentrated on effective, shared, and strategically significant indicators. They proposed integrating climate transition plans within the CSR directive aimed at standardizing sustainability data presentation in Europe and suggested extending the allocation of free CO2 allowances. (February 27, 2025)
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