5.3.2025
News

European Commission Presents Omnibus I and II legislative packages

Last week the European Commission presented two legislative packages – Omnibus I and Omnibus II – which are aimed at significantly reducing the bureaucratic burden for SMEs in taxonomic and sustainability reporting.

The proposals have generated a great deal of interest among companies. If the proposals are adopted, up to 80% of companies that were to be subject to sustainability reporting will be exempted from this obligation, while those companies that remain under the obligation will be given more time to comply.

Taxonomic reporting will remain an obligation for large companies only. The requirement to demonstrate sustainability due diligence in the supply chain is to be systematically targeted at direct business partners.

Moreover, it is proposed to exempt up to 90% of importers from CBAM - the carbon border offsetting mechanism.  

While some fear that the proposed legislation will undermine the sustainability objectives themselves through oversimplification, others claim that it is a return to the original purpose of ESG and carbon footprint measuring as a management tool for analysing risks and opportunities.  

It is important to remember that these are still only proposals that will have to be discussed by the European Parliament and the Council. In the end, the final form may differ from the proposals.

Other articles

20.6.2025
News

KŠB advised the seller on the sale of mcePharma to the Brenntag Group

The KŠB team, consisting of Vlastimil Pihera, Jakub Porod, and Dominika Bazalová, provided legal advice to the seller, Mr. Ivan Mikeš, in connection with the sale of 100% of the shares in mcePharma to the international Brenntag Group, a global leader in the distribution of chemicals and ingredients.
18.6.2025
News

KŠB Provided Legal Advisory in the Sale of ARETE Park Rokycany II to the REICO LONG LEASE Fund

Jiří Horník, Jakub Porod, and Yelizaveta Volodina assisted the ARETE group in the sale of the premium logistics complex ARETE Park Rokycany II. The buyer is the REICO LONG LEASE fund, managed by REICO Erste Asset Management. The fund primarily invests in logistics, industrial, retail, office, and other commercial properties, mainly in the Central European region.
17.6.2025
News

KŠB and Smetanova Litomyšl – a partnership with impact

Last weekend, as partners of the Smetanova Litomyšl festival, we had the honour of attending the opening concert of the festival’s 67th edition, featuring the Czech Philharmonic conducted by Jakub Hrůša and the exceptional Norwegian violinist Vilde Frang.