Packaging business - Photo by ArtHouse Studio on Pexels

Ahead of the Alden Biesen summit where EU leaders will gather to discuss the EU’s competitiveness, EuroCommerce, representing Europe’s retail and wholesale sector, urges the European Commission to place the Single Market, effective enforcement and regulatory simplification at the heart of its competitiveness agenda.

Plastic packaging waste - Image by Pete Linforth from Pixabay

The conclusion of interinstitutional negotiations on the first Omnibus package today, marks a major setback for the EU’s corporate sustainability framework, with a decision to weaken the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD).

Worker - Photo by Kateryna Babaieva on Pexels

EuroCommerce acknowledges the European Commission’s Quality Jobs Roadmap, but urges caution. With competitiveness a top priority, the retail and wholesale sector calls for balance, not more complexity. EuroCommerce says the focus should remain on better enforcement, dialogue and capacity building.