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omnibus csrd csddd esg sustainability ursula von der leyen

The video features Ursula von der Leyen, President of the European Commission, delivering preliminary remarks during a joint press conference ahead of the Council of Europe Summit, G7, and EU-Korea Summit on May 15, 2023, in Brussels.  In her address, President von der Leyen emphasizes the European Union’s commitment to sustainability and the importance of integrating environmental, social, and governance (ESG) considerations into corporate practices. She discusses the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD), highlighting their roles in promoting transparency and responsible business conduct. Additionally, she underscores the EU’s dedication to advancing the energy transition, with a focus on sustainable fuels, natural gas, and hydrogen, aligning with broader goals of environmental sustainability and innovation. The speech reflects the EU’s strategic approach to fostering sustainable economic growth and its leadership in global environmental initiatives.