Last Wednesday, the European Commission released a sustainability reporting simplification package.
Known as the omnibus, the package includes:
📌 A proposal for a Directive amending the CSRD and the CSDDD;
📌 A proposal which postpones the application of all reporting requirements in the CSRD for
o   companies that are due to report in 2026 and 2027 (so-called wave 2 and 3 companies) and
o   and also postpones the transposition deadline and the first wave of application of the CSDDD by one year to 2028.
📌 A draft Delegated act amending the Taxonomy Disclosures and the Taxonomy Climate andEnvironmental Delegated Acts subject to public consultation.
📌 A proposal for a Regulation amending the Carbon Border Adjustment Mechanism Regulation (CBAM)
📌 A proposal for a Regulation amending the InvestEu Regulation
See more in the carousel 👇👇👇 and check the following links:
CSRD / CSDDDÂ proposed package
Commission simplifies rules on sustainability and EU investments, delivering over €6 billion in administrative relief
Environmental taxonomy – documents available for public consultation
https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/14546-Taxonomy-Delegated-Acts-amendments-to-make-reporting-simpler-and-more-cost-effective-for-companies_en
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