Ursula von der Leyen is set to propose a new Clean Industrial Deal for Europe, but concerns arise over an accompanying omnibus proposal that may weaken corporate sustainability regulations. Critics, including environmentalists and unions, fear that the changes will lead to deregulation and harm workers' rights and environmental standards. The omnibus includes amendments to corporate sustainability directives, potentially exempting many companies from reporting requirements. The proposal also addresses the EU carbon border tax and the Taxonomy Regulation, which could impact sustainable investments. The Clean Industrial Deal aims to position Europe competitively in the clean tech market amidst global competition.