Climate change - Image by Satheesh Sankaran from Pixabay

EU Member States have agreed to significantly dilute the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD) in a pivotal move away from Europe’s corporate sustainability ambitions.

Company board meeting - Image by Tung Lam from Pixabay

“SMEs remain cautious and concerned about the impact the introduction of a new company category “small midcaps” will have on SMEs and SME policy in Europe” SMEunited President Salminen stated as a first feedback to the publication of the Omnibus and the Single Market Package.

Small businesses - Photo by Fox on Pexels

SMEunited calls on the European Commission to “think small first and act accordingly” ahead of the adoption of the “Small Midcap Omnibus” tomorrow.