Getting Omnibus I right: addressing extraterritorial reach and global business impacts in the CSDDD and the CSRD
Position Paper
21 Oct 2025
Corporate sustainability, simplification

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Ensuring a predictable framework for EU sustainability reporting

AmCham EU has joined 16 industry partners in urging support for the amended Taxonomy Delegated Act. With application set for 1 January 2026, any delay would create legal uncertainty and disrupt company preparations already underway. The revised rules offer simplified and more consistent reporting obligations, essential for business confidence and regulatory stability. Reopening the process now would increase costs and undermine Europe’s competitiveness. Learn why timely adoption of the Delegated Act is critical to ensure predictable implementation, maintain trust in the EU Taxonomy framework and support companies’ sustainability efforts in the joint industry statement.

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Feedback on the European Competitiveness Fund

The proposed European Competitiveness Fund (ECF) within the Multiannual Financial Framework (MFF) package raises serious concerns about legal certainty, market openness and the proportionality of restrictions. Specifically, the introduction of EU preference in EU funding instruments as currently proposed would negatively impact long-standing cooperation between international companies from allied countries and undermine the EU’s ability to leverage the expertise and resourcing of US companies that have a long-standing commitment to and investment in the EU. The ECF in its design should seize the opportunity to strengthen the EU’s competitiveness by ensuring predictable eligibility criteria, increasing transparency and stakeholder involvement, and leveraging industrial partnerships.

See more in AmCham EU's submission to the Call for Feedback on the ECF below.

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4 Nov 2025

Addressing extraterritoriality in the EU’s sustainability framework

Joining other third-country business groups, AmCham EU has co-signed a joint statement outlining concerns about the extraterritorial implications of the Corporate Sustainability Due Diligence Directive (CS3D) and the Corporate Sustainability Reporting Directive (CSRD). The letter highlights concerns regarding legal uncertainty created by certain extraterritoriality requirements in the ongoing Omnibus 1 process and outlines recommendations to ensure a clear, workable framework for all companies operating in or engaging with the EU market.

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