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The Omnibus I political agreement announced yesterday broadly eases the sustainability compliance and due diligence burden for businesses under the Corporate Sustainability Due Diligence Directive (CSDDD) and the Corporate Sustainability Reporting Directive (CSRD), giving much-needed certainty to businesses. It is a significant achievement for the EU’s simplification agenda and ongoing efforts to reduce the regulatory burden. Specifically, the flexibility introduced in terms of the risk-based approach and how companies need to define adverse impacts will alleviate most of the excessive burden that existed under the original CSDDD. The revised transposition timeline of CSDDD to 2029 will also give all parties the necessary time to prepare for implementation.  

However, it appears that EU policymakers did not yet sufficiently tackle how these rules apply to the global activities of companies and groups – for example, by limiting the scope of the CSDDD to only those products and services with a logical link to the EU. This is a missed opportunity with far-reaching consequences that keeps legal uncertainty in place for global firms and their supply chains.  This oversight on extraterritorial impact will make the CSDDD more difficult for policymakers to implement and monitor and risks creating confusing overlap with other jurisdictions’ rules. 

The EU must use the next steps in the policy-making process – including implementing measures, guidance and future reviews – to fix outstanding challenges in both the CSDDD and the CSRD. In particular, clearer rules on when and how EU legislation impacts global business activities would give companies the predictability they need to invest and support sustainability investments. 

On Tuesday, 9 December, AmCham EU hosted a discussion on the Food and Feed Omnibus and its role in simplifying Europe’s agri-food legislation. The conversation explored how a more coherent, innovation-friendly framework can reduce complexity and ease the administrative burden across the value chain. The discussion also underlined the importance of aligning regulation with scientific and technological progress, while reinforcing Europe’s competitiveness and strategic autonomy. Effective collaboration between policymakers and industry remains essential to ensure the Omnibus delivers practical improvements for operators throughout the agri-food sector.

During the panel, participants heard from Tyler Babcock, Senior Agricultural Attaché, US Mission to the European Union; Dr Eugene Kevin Foley-Friel, Agriculture Attaché, Permanent Representation of Ireland to the European Union and Astrid Sofie Vestergaard Nielsen, Food Attaché, Permanent Representation of Denmark to the European Union. The discussion was moderated by David Mills (Mondelēz International), Chair, Communications Group; Member of the Board of Directors and Vice-Chair, Agriculture & Food Committee, AmCham EU.

On Monday, 25 and Wednesday, 27 November 2025, AmCham EU travelled to Frankfurt, Germany and Strasbourg, France to support an ambitious Savings and Investment Union (SIU) that will allow the EU to gain momentum towards more integrated Single Market. In Frankfurt, members met with senior officials from the European Central Bank, Deutsche Bundesbank, as well as the International Financial Reporting Standards (IFRS) and the International Sustainability Standards Board (ISSB). Conversations focused on strengthening Europe’s place in the global financial markets and opportunities to streamline regulatory complexities. 

The delegation then continued to the European Parliament in Strasbourg, where discussions with MEPs centred on securitsiation, the upcoming market integration package, next steps for the sustainable finance framework, the role of innovative technologies and the future of the digital euro. Throughout the visit, members emphasised the need to deepen Europe's capital markets, prevent further fragmentation, support innovation-driven regulation and foster a globally attractive investment environment that strengthens Europe’s financial resilience.