Omnibus Simplification Package – The European Commission’s change of heart on corporate sustainability
by Saga Eriksson, Doctoral Researcher In February 2025 the European Commission introduced the Omnibus Simplification Package aimed at making changes to key sustainability reporting provisions outlined in the Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due Diligence Directive (CSDDD) and the Taxonomy Regulation. The main aim of the Package is to reduce the scope […]
Sustainable finance and the changing regulation of investment firms: What role for the new suitability assessment criteria?
By Dr. Mikko Rajavuori, Academy of Finland Post-doctoral fellow and Dr. Matti Turtiainen, Head of UEF Law School. Sustainable finance has entered mainstream. Judged by the growing supply of funds and other investment products that pursue ‘sustainability’ or ‘environmental social and governance (ESG)’ goals, the financial markets are greening at a rapid pace. However, the proliferation […]
Keeping fossil fuels in the ground: From slogan to legal obligation?
By Harro Van Asselt. First published in the University of Oslo, Blogging for Sustainability on 31 May 2021. Photo by Liam Briese on Unsplash. Last week’s ruling by the Hague District Court in the Netherlands ordering the oil and gas company Royal Dutch Shell – the parent company of the broader Shell group – to reduce its […]