EU Omnibus ECB President: Reducing CSRD scope would ‘weaken’ European financial system in the face of climate change Christine Lagarde urges MEPs to strike a balance between necessary disclosures and proportionate requirements. Melodie Michel 20 August 2025
EU Omnibus EU set to adopt voluntary sustainability reporting standard for SMEs The standard is expected to cover most of requests SMEs receive from banks, investors and large corporates. Melodie Michel 01 August 2025
EU Omnibus EU Commission pressed to explain procedural violations around Omnibus The commission skipped several of the steps required under the Better Regulation guidelines. Melodie Michel 17 July 2025
EU Omnibus Businesses and investors urge EU to preserve ‘meaningful’ CSRD and CSDDD scope "Let's tweak the regulation, but we need to stay the course and be proud of it to assert our leadership." Melodie Michel 01 July 2025
EU Omnibus EU Council agrees Omnibus position that further lifts application threshold for CSRD and CSDDD It's estimated that CSDDD would only apply to 997 companies if the Council’s position were adopted. Melodie Michel 24 June 2025
Policy & Standards European Commission intends to withdraw Green Claims Directive The European Parliament's largest party EPP asked the Commission to kill the Directive this week. Melodie Michel 20 June 2025
ESG Reporting EFRAG outlines plans to cut ESRS data points by 50% EFRAG has identified five levers to reduce the reporting burden on companies. Melodie Michel 20 June 2025
EU Omnibus CSDDD: Parliament lead negotiator’s draft seeks greater deregulation than original EPP is proposing to delete climate transition plan requirements and reduce the number firms within CSDDD's scope. Melodie Michel 13 June 2025
EU Omnibus EU poised to exempt 90% of importers from Carbon Border Adjustment Mechanism 99% of CO2 emissions from iron, steel, aluminium and cement imports still covered. Melodie Michel 27 May 2025
EU Omnibus MEPs submit amendments to Omnibus directive as watchdog launches formal inquiry Proposed amendments to the Omnibus directive are due to be debated in Parliament by July. Melodie Michel 26 May 2025