PREDLOG „OMNIBUS I“ DIREKTIVE – PUT DO NOVIH PRAVILA O ODRŽIVOSTI PRIVREDNIH DRUŠTAVA

Abstract

The European Parliament has introduced a Proposal for the “Omnibus I” Directive, which is part of a broader sustainability package aimed at changing the rules regarding business sustainability. The adoption of the proposal has sparked numerous opinions in the public domain. The group advocating for greener regulations believes that this proposal could undermine everything established within the European system of sustainable business. In contrast, another group argues that European legislation needs to simplify sustainable rules. They believe that doing so would not destroy the sustainable business concept; rather, it would enhance it and make implementation easier. This would especially benefit small and medium enterprises (SMEs) and third countries that are not members of the European Union. In this paper, we will analyze the rules in the Proposal of “Omnibus I” Directive, specifically focusing on the changes related to sustainable reporting and due diligence. These areas are significant, as sustainable reporting and due diligence play a key role in the European sustainable business concept. Additionally, this paper will explore potential future trends in sustainable business that may arise from adopting this proposal. We aim to determine whether the implementation of the “Omnibus I” Directive simplifies the rules for sustainable business and upholds the principles of the European Green Deal, or if it represents a setback for European legislation.