Skip to main content

The CSRD Omnibus: A Major Shift in Sustainability Reporting

Published Date
Download PDF

The European Commission’s Omnibus proposal introduces key changes to the CSRD, CS3D, and EU Taxonomy, aiming to simplify compliance while maintaining sustainability commitments.

What’s changing?

  • 80% fewer companies required to comply
  • Eligibility threshold increased to 1,000 employees
  • Reporting deadlines extended for large companies & listed SMEs
  • Sector-specific standards removed
  • Supply chain reporting streamlined for SMEs
  • Reduction in required data points for ESRS

What does this mean for businesses? The Omnibus remains in draft form, and further changes may follow. Companies should stay on track with CSRD compliance to maintain market positioning and prepare for evolving regulations.

View our infographic below for a snapshot of the changes.  

For more information, read our CSRD Omnibus: What are the implications for non-financial disclosures? blog from EcoAct, a Schneider Electric company.