Tag: EU omnibus package

Cooley Alert: Impacts for US Companies of the Proposed EU Omnibus Package

Here’s a recent Cooley Alert that some companies may be delighted—or at least relieved—to read: Impacts for US Companies of the Proposed EU Omnibus Package, from Cooley’s international ESG and sustainability advisory team. As you may know, the EU has adopted a plethora of legislation related to sustainability—the Corporate Sustainability Reporting Directive (CSRD), the EU Taxonomy Regulation, the Corporate Sustainability Due Diligence Directive (CSDDD) and the Carbon Border Adjustment Mechanism (CBAM), to name some—and many of them are applicable to US companies that meet the reporting threshold.  Some US companies have already begun preparing for compliance. But, as discussed in the Alert, perhaps that won’t be necessary just yet.