The EU, through the European Commission, recently unveiled a new "Omnibus" package aimed at significantly reducing bureaucratic burdens and streamlining environmental protection laws for businesses across Europe.Ursula von der Leyen and Jessika Roswall highlighted these simplification measures, which include exempting 85% of businesses from sustainability checks, postponing a key due diligence directive deadline, and eliminating the SCIP database, alongside more flexible rules under the IED.These comprehensive reforms are projected to save companies up to €1 billion annually by cutting administrative costs, though the proposals still require approval from EU member states in the
Council and the
European Parliament.