Core Viewpoint - TotalEnergies and Siemens have urged European governments to abolish a key EU corporate sustainability law to enhance the continent's competitiveness [1] Group 1: Company Actions - TotalEnergies and Siemens are advocating for the removal of a flagship sustainability law in the EU [1] - The companies believe that this change is necessary to improve the competitiveness of Europe in the global market [1] Group 2: Industry Implications - The call to abolish the sustainability law reflects a growing concern among major corporations regarding regulatory burdens [1] - The move may signal a shift in how companies view sustainability regulations in relation to economic performance [1]