ESG: the Brussels Effect at a crossroads

18 Jun - 20 Jun 2025

Session information

The EU Omnibus Package going forward – what businesses should look out for now and in the short/mid-term future

Description

  • Regulatory complexity and business compliance: how should large firms balance compliance with the CSRD, CS3D, and EU taxonomy while maintaining operational efficiency; common pitfalls businesses to avoid.
  • Omnibus I and II – Impact on reporting obligations: strategic shifts that businesses should make in their ESG approach; unintended simplification consequences.
  • Legal liability and ESG due diligence - how should corporate legal teams structure ESG due diligence to ensure compliance with mandatory human rights and environmental standards under CS3D.
  • Future of ESG and regulatory harmonisation: is there room for further regulatory consolidation in ESG reporting across the EU; how might global frameworks like Global Reporting Initiative (GRI), International Sustainability Standards Board (ISSB), Task Force on Climate-Related Financial Disclosures (TCFD) or Securities and Exchange Commission’s sustainability disclosures interact with European directives in the future.

Session / Workshop Chair(s)

Panagiotis Drakopoulos Drakopoulos, Athens, Greece; Co-Chair, European Regional Forum

Speakers

Pauline Kuipers Bird & Bird, The Hague, Netherlands
Marco Sella Sella Torlaschi - Società tra Avvocati, Milan, Italy; Secretary-Treasurer, Oil and Gas Law Committee
Michael Spanos Global Sustain Group, Athens, Greece