Momentum on Voting on the Omnibus Delay and Updating Corporate Sustainability Reporting Requirements
- The European Council adopted a 'stop-the-clock' proposal to delay CSRD and CSDDD reporting timelines until 2028.
- The European Commission proposed the delay and other changes to simplify corporate sustainability reporting requirements.
- The simplification package includes raising the employee threshold for CSRD in-scope companies to 1,000 and revising reporting standards.
- The European Parliament approved the urgent procedure on April 1, 2025, and will vote on the stop-the-clock proposal on April 3, 2025.
- The delay and simplification efforts aim to cut red tape, but some experts warn it could create uncertainty and hinder sustainability efforts.
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11 Articles
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Total News Sources11
Leaning Left1Leaning Right0Center3Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
L 25%
C 75%
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