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Estonia · Resolution · OE

601

Decision of the Riigikogu "Making a proposal to the Government of the Republic to initiate negotiations in the European Union to invalidate the obligation to prepare sustainability reports"

tagasi lykatudEstonia· Riigikogu· ET

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19 March 2025

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TAGASI_LYKATUD

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19 March 2025

Summary

The purpose of the bill is to abolish the obligation to prepare sustainability reports in the European Union and thus reduce the bureaucracy that burdens companies. Representative organizations of Estonian entrepreneurs have also criticized the obligation to submit sustainability reports and proposed to postpone the fulfillment of the obligation. For obliged companies, this is a very extensive and expensive work. Arguably, the creation of a sustainability report can lead to one company additional costs on average 100,000 euros. There are approximately 350 companies in Estonia with the obligation to submit a sustainability report.

Machine translation from Estonian. The official text remains authoritative.

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