GIST Impact is proud to be among 475 signatories to the joint Omnibus statement calling for a robust EU sustainable finance framework that drives resilience, competitiveness, and long-term value across the economy.
From our work with corporates and investors, we see first-hand how due diligence and high-quality sustainability reporting promotes transparency, responsible business conduct, and drives investment. Any regulatory simplification needs to enhance, not undermine, these key foundations for a competitive European economy.
Since publication on 1 July, the statement has gained significant momentum and now garnered the support of 475 signatories, including over 200 real-economy businesses and investors, and over 90 supporting organisations, more than doubling the number of signatures.
Signatories include Allianz SE, Nordea AM, Mirova, LBPAM, Ingka Group (IKEA), EDF, Nokia, Vattenfall, ACCIONA; and more recently Federated Hermes, Union Investment, Robeco, Nestlé, S Group, SEBN SE Group, Décathlon SE, H&M Group, and Aldi South Group.
Together, we’re calling on EU policymakers to:
- Maintain double materiality and alignment with international standards
- Keep companies with 500+ employees in CSRD scope
- Ensure the value chain cap enables exchange of sustainability information
- Maintain risk-based corporate due diligence
- Safeguard core elements of CSDDD, including climate transition plans
Read the full joint statement, as well as thoughts from our CEO and Founder, Pavan Sukhdev, below.
