The European Commission’s new “Omnibus” proposal is reshaping sustainability reporting rules – bringing relief for businesses while keeping the EU’s green ambitions on track.
This first package of amendments (unveiled Feb 26, 2025) streamlines key regulations like the CSRD, CSDDD, and EU Taxonomy. The goal: cut red tape by at least 25% (35% for SMEs) , focus on the biggest players, and free up companies to drive decarbonisation instead of drowning in paperwork. In this report, we break down the key changes and what they mean for both large and small businesses.