EU Omnibus sustainability reform and corporate due diligence in Italy

The European Commission is proposing to fundamentally reshape the regulatory framework on sustainability, and the implications reach from large multinationals down to smaller companies across their value chains.   Which elements of the Corporate Sustainability Due Diligence Directive (CSDDD) and the Corporate Sustainability Reporting Directive (CSRD) are being modified? What does simplification actually mean for organizations that are already mid-implementation? And how should businesses of different sizes interpret and prepare for these changes?  Marco Lupoli, partner at A&O Shearman, examines the Commission's proposals, the competitiveness concerns that have driven them, and the practical consequences for both large corporations and smaller entities operating within European markets.  Sustainability professionals and corporate lawyers navigating the transition to a revised European regulatory environment will leave this episode better positioned to assess the proposed changes and plan accordingly.   Note: this episode is recorded in Italian.