Amundi

"CEOs call for the full abolishment of CS3D as a clear and symbolic signal to European and international companies that the governments and the Commission are really engaged to restore competitiveness in Europe."

"French asset manager Amundi all confirmed to Tagesspiegel Background that they continue to support the EU supply chain law CSDDD. (…) We did not have a representative on site, so we neither participated nor signed a letter."

"ln the context of the ongoing informal consultations on the drafting of the omnibus regulations for the CSRD, CSDDD, and the Environmental Taxonomy, we, the French Sustainability Officers responsible for implementing these regulations, urge you to uphold the original intent of the co-legislators and the broader Green Deal agenda.""To maximize the potential of these regulations without falling into bureaucratic inefficiency, we recommend a gradual implementation that keeps the very substance of the current legislative acts and allows businesses to focus on strategic priorities but starting with clear and simplified communication of the requirements.""Furthermore, many companies have already made significant progress in aligning with these frameworks . A moratorium or rollback risks fostering a culture of delayrather than encouraging further adoption. (…) Adding obligations to act (as introduced in the CSDDD) reinforces the progress made on obligations to disclose, ensuring sustainable practices become entrenched across supply chains." "The CSRD, CSDDD, and Taxonomy are essential tools to ensure European companies are prepared for ESG risks and can thrive in a competitive global economy. By adhering to these standards, Europe sets the stage for resilience, sovereignty, and sustainable growth. Let us continue to champion these regulations as instruments for long-term strategic success."