EU Commission's proposed omnibus package to amend sustainability rules and companies' voluntary sustainability activities

The European Commission presented its long-awaited proposal for an omnibus package on 26 February 2025.

The proposal includes changes to the Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due Diligence Directive (CSDDD), and the EU Taxonomy Regulation. It aims to simplify reporting and due diligence obligations, reduce administrative burdens and costs, and strike a balance between sustainability objectives and business competitiveness.

The proposal also highlights companies' voluntary sustainability activities and related value creation. Businesses that voluntarily perform sustainability reporting and due diligence and other sustainability activities can enhance risk management, strengthen investor confidence, and create commercial value. Voluntary sustainability efforts can improve access to financing, strengthen stakeholder relationships, and drive long-term business resilience and competitiveness.

Our latest newsletter provides an in-depth analysis of the proposed changes, their implications for businesses, and the next steps in the legislative process. 

You can read more about the omnibus package proposal in the European Commission's official press release on the omnibus package here: European Commission press release.