Danske Bank

The entity states that: ‘Danske Bank welcomes the Commission’s inception impact assessment and supports further alignment of the sustainability requirements that apply to the European corporate governance framework. Further alignment will increase transparency and may assist to reduce regulatory fragmentation due to individual Member States introducing (further) mandatory horizontal due diligence schemes or initiatives related to corporate governance. As a starting point, we however suggest that the EU Commission maps more thoroughly the extent to which Member States’ regulations already cover specific parts of sustainability for specific types of companies.’ However, the entity has not entirely agreed to the legal requirements for due diligence.