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EU Unveils Simplified Sustainability Reporting Rules for Big Corporations

2/25/2026

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Story summary
  • On February 24, 2026, the EU Council approved the "Omnibus I" package to simplify sustainability reporting and due diligence for companies.
  • The new rules raise thresholds for the Corporate Sustainability Reporting Directive (CSRD) to companies with over 1,000 employees and €450 million in annual revenue.
  • The Corporate Sustainability Due Diligence Directive (CSDDD) now applies to companies with over 5,000 employees and €1.5 billion in revenue.
  • The regulations aim to reduce compliance burdens, enhance EU competitiveness, and set compliance deadlines for July 2029.