A joint statement, calling on EU policymakers to preserve the core of the EU sustainability framework, has been backed by 198 signatories - among which over 150 are businesses and investors, including 84 investors and financial institutions, 29 companies and 42 service providers, as well as 43 other supporting organisations. 

Signed by investors and businesses — the end-users of this framework and implementers— the statement emphasises that preserving the key elements of both the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD) is essential to redirect capital flows toward forward-looking technologies and sectors, in alignment with the objectives of the Clean Industrial Deal.

The statement was coordinated by PRI, the European Sustainable Investment Forum (EUROSIF), the Institutional Investors Group on Climate Change (IIGCC), the Corporate Leaders Group (CLG Europe), the Global Reporting Initiative (GRI) and E3G. This joint statement is still open for signatures. Interested organisations can sign until Friday 29 August COB using this form.

This statement builds upon the initial Investor joint statement on the European Commission’s ‘omnibus legislation’  published on 4 February 2025. While the February statement set out high-level expectations, this renewed call reflects recent policy developments and reiterates the importance of preserving the integrity of the EU’s sustainability framework in light of the proposed legislative changes.

Download the joint statement below.

Read our joint press release for more information.