{"id":5482,"date":"2025-02-28T21:15:41","date_gmt":"2025-02-28T19:15:41","guid":{"rendered":"https:\/\/csr-tools.com\/uncategorized\/csrd-omnibus-what-the-eu-proposal-means-for-companies\/"},"modified":"2026-03-19T12:00:09","modified_gmt":"2026-03-19T10:00:09","slug":"csrd-omnibus-what-the-eu-proposal-means-for-companies","status":"publish","type":"post","link":"https:\/\/csr-tools.eu\/en\/blog-en\/csrd-omnibus-what-the-eu-proposal-means-for-companies\/","title":{"rendered":"CSRD Omnibus: What the EU proposal means for companies"},"content":{"rendered":"\t\t
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The most important facts about the CSRD omnibus proposal in brief<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The European Commission’s CSRD Omnibus proposal is intended to relieve companies of bureaucratic hurdles and simplify sustainability reporting in the EU. The most important changes at a glance: <\/p>\n

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  1. Numerous companies exempt from CSRD reporting requirements: <\/b>According to the proposal, only companies with over 1,000 employees are required to report. This would reduce the number of companies that have to publish a sustainability report by 80%. <\/li>\n
  2. Later reporting obligations<\/b>: Companies do not have to report for the 2027 financial year until 2028.<\/li>\n
  3. Fewer reporting obligations<\/b>: 25% fewer data points, no sector-specific standards, limitation of supply chain reporting obligations.<\/li>\n
  4. No stricter review<\/b>: The planned “Reasonable Assurance” is no longer applicable, “Limited Assurance” remains.<\/li>\n
  5. EU taxonomy simplified<\/b>: OpEx reporting obligation only for \u2265 25% taxonomy-eligible turnover, materiality threshold, voluntary reporting possible.<\/li>
  6. CSDDD relaxations<\/b>: Due diligence obligations only for direct business partners, no EU-wide liability, inspections only every 5 years.<\/li>\n<\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    The Corporate Sustainability Reporting Directive (CSRD)<\/a> represents a milestone in European sustainability reporting. It was introduced to oblige companies to be more transparent with regard to their environmental, social and corporate responsibility (ESG criteria). The aim is to provide investors, stakeholders and the public with comprehensive information on the sustainability performance of companies. <\/p>

    The original development of the European Sustainability Reporting Standards (ESRS)<\/a> presented companies – especially small and medium-sized enterprises (SMEs) – with major challenges due to the comprehensive ESG reporting obligations<\/a>. The EU Commission has now made proposals to simplify sustainability reporting obligations<\/strong> with the first omnibus package, which, in addition to the CSRD<\/a>, also includes the EU taxonomy<\/a> and the CSDDD (Corporate Sustainability Due Diligence Directive). This is primarily intended to reduce administrative hurdles and facilitate implementation for companies. <\/p>

    In the following, we take a detailed look at the CSRD Omnibus, its most important changes and the impact on affected companies.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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    What is the CSRD Omnibus?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    The EU Commission recognized that the original CSRD requirements placed a heavy burden on smaller and medium-sized companies in particular. Against this background, the omnibus proposal was developed as part of the EU Competitive Compass Initiative<\/a>. The CSRD Omnibus contains two specific proposals: <\/p>

    1. Sustainability Reporting Simplification Proposal<\/strong>: This proposal reduces the scope of CSRD reporting obligations: Companies with less than 1000 employees are exempt, 25% of the reporting data is dropped, sector-specific standards are removed and the planned switch to “Reasonable Assurance” is dropped.<\/li>
    2. “Stop-the-Clock” proposal<\/strong>: Companies that already have to report for 2024 are not affected by this. All other companies with a reporting obligation are to be granted a deferral of 2 years and will not have to report until 2028 instead of the 2026 financial year. <\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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      Concrete proposals of the CSRD Omnibus<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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      The EU Commission has proposed the following amendments to the CSRD<\/a> and ESRS<\/a>:<\/p>