Oireachtas Joint and Select Committees
Wednesday, 18 June 2025
Committee on Enterprise, Tourism and Employment
Scrutiny of EU Legislative Proposals
2:00 am
Mr. Conor Verdon:
It is called voluntary because the first purpose of it is to provide an actual standard for SMEs which are not obliged to have a sustainability report but actually want to do one. That is where the voluntary comes from. Its link into the larger companies is in the context that if a larger company, as described by the Deputy, has to go to a smaller company to ask for details, it is not allowed to ask for anything beyond what is in the voluntary standard. We talked earlier about the value chain cap as well, so that is what that means.
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