Oireachtas Joint and Select Committees

Wednesday, 25 October 2023

Joint Oireachtas Committee on European Union Affairs

European Union and the Commission Work Programme: Discussion

Photo of Robert TroyRobert Troy (Longford-Westmeath, Fianna Fail) | Oireachtas source

Lest anyone think I am looking to bring in more regulation for SMEs, I am not. SMEs were exempt from this. We were initially looking to bring it in for companies with more than 500 employees, followed by those with more than 250 the following year and then companies with more than 50 employees thereafter. People in rural parts of this country have experienced upheaval with the prohibition on cutting turf because of the impact it has on the environment. yet large multinational corporations have yet to be required to annual report what they are doing to reduce carbon emissions and to ensure their sectors are meeting their targets. The reporting requirement was pushed out by 12 months, which was regrettable. I would like to receive confirmation of the status of the requirement. I fully appreciate why Ms Nolan would not have that information to hand today. She could come back to me to update the committee on where that is. I believe that large corporations have a much bigger role to play in this area. This is the mechanism to measure the role they are playing.

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