The European Parliament’s vote to slash corporate sustainability reporting and due diligence laws is not a minor amendment, it is a strategic step backwards. At a moment when markets demand clarity and direction, Europe is signalling that transition planning and impact disclosure are optional. They are not. Our latest assessment of transition plans across more than 1,260 of the world’s most influential companies shows why: credible transition plans are economic strategy. They turn ambition into investment, connect supply chains to resilience, and anchor long-term competitiveness in transparency and accountability. And as regulation weakens, a messaging vacuum is emerging, one that puts even more weight on market expectations, investor trust and independent accountability mechanisms to guide meaningful action. A few truths remain unchanged: ➡️ Transition plans aren’t paperwork, they’re preparedness. ➡️ Transparency builds competitiveness. ➡️ Cutting requirements doesn’t cut risk, it hides it. Weakening the rules may lower the regulatory floor, but it only raises the bar for real leadership. The companies and economies that will thrive in a decarbonising world are those doubling down on credibility, alignment and action. Read more about the development here: https://lnkd.in/dHhdT3EP
Thank you, I understand beter.
Check out my post on my KIIID & the EUs CSRDirective CSRDD Capital Markets goals for inclusive impact investing continuing into an update of Omnibus effects & UKs TPT progress,,, Quantitative & Qualitative data effects & divergence (24p sorry! but it seems quote comprehensive, brace for Gemini's usual flattery ;)
Read our initial assessment of 1,260 companies' transition plan here: https://www.worldbenchmarkingalliance.org/research/from-targets-to-transformation-transition-planning-as-core-economic-strategy/