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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.

Europe’s environmental rules have become increasingly complex, creating contradictory and duplicative requirements that undermine the EU’s competitiveness globally. With the Environmental Omnibus, the EU has an opportunity to streamline its most complex rules. Tackling overlaps, inconsistencies and excessive reporting obligations would improve legal clarity, enhance predictability and strengthen the business case for investment and the clean transition. From permitting to product sustainability, waste, chemicals and beyond, learn why clearer rules will drive Europe’s competitiveness and accelerate the green transition.