EU lawmakers seal CSRD and CSDDD fate with Omnibus deal
"Now hopefully we can just move on to application and stop pretending that simplification is not deregulation."
The European Council and Parliament have officially agreed on the sustainability Omnibus to reduce corporate reporting requirements under CSRD and CSDDD – ending a controversial process that began more than a year ago.
The agreement – which put an end to trilogue negotiations – took place this morning (December 9), clarifying the new scope of the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
