EU Cuts Sustainability Reporting Requirements for Fashion Industry
The European Union introduced the Omnibus Simplification Package to reduce bureaucracy and boost competitiveness. This package would reduce the number of companies required to report sustainability data by 80% and limit due diligence largely to direct suppliers (Tier 1). The proposal is now under review by the European Parliament and Council, with negotiations expected in April.
Why it matters:
- Reduced reporting may ease burdens on small and medium-sized suppliers managing costly audits.
- Less transparency could weaken supply chain engagement and hamper oversight beyond Tier 1 suppliers.
- Decreased data availability might limit access to financing and slow investments in sustainability improvements.
What to do next:
- Monitor the progress of the Omnibus proposal as it moves through EU decision-making.
- Evaluate current sustainability reporting processes to identify key priorities amid possible regulatory changes.
- Continue voluntary sustainability efforts to maintain competitiveness and reduce environmental impact.
Learn more about textile transparency and sourcing at https://designdelightstudio.myshopify.com/pages/our-definitive-guide-to-product-transparency-sourcing
Design Delight Studio. Proof-first sustainable streetwear.
New Arrivals: https://designdelightstudio.myshopify.com/pages/new-arrivals
Transparency guide: https://designdelightstudio.myshopify.com/pages/our-definitive-guide-to-product-transparency-sourcing
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