Home

Global

Contact

de|en|pl

50 countries – 116 offices – around 6,000 colleagues – 1 firm |

Worldwide

We use cookies to personalise the website and offer you the greatest added value. They are, among other purposes, used to analyse visitor usage in order to improve the website for you. By using this website, you agree to their use. Further information can be found in our data privacy statement.

Far-reaching changes for the sustainability reporting

by Maciej Ogórek

4 March 2025

The EU Commission published on 26 February 2025 a draft of the first Omnibus package on sustainability reporting. The draft envisages major changes to the rules of reporting according to the Corporate Sustainability Reporting Directive (CSRD) and the EU Taxonomy, and amends the Corporate Sustainability Due Diligence Directive (CSDDD).

Key objectives of the simplification package

Limitation of the user group of the CSRD: In the future, only companies with more than 1,000 employees and either a net annual turnover of at least 50 million euro or a balance sheet total of at least 25 million euro will be subject to the CSRD reporting obligation.
Restriction of the user group of the EU Taxonomy: Companies with fewer than 1,000 employees and less than 450 million euro in net turnover should be exempt from the reporting obligation specified in the EU Taxonomy.
Postponement and limitation of the reporting obligations: the deadlines for first-time reporting are to be postponed by two years, until 2027. The obligation to introduce sector-specific standards is now to be removed from the CSRD, and the first set of ESRS is to be thoroughly revised.
Reduction of information to be reported along the value chain: directly reporting companies would no longer be allowed to request additional sustainability information from companies along the value chain that goes beyond the Voluntary ESRS for SMEs (VSME standards) as specified by the European Commission. This standard will be the maximum information which directly reporting companies may request.
Limitation of the obligation for the assurance of sustainability reporting: Sustainability reports will ultimately remain subject to a limited assurance engagement and not to a reasonable assurance engagement.
Restriction of due diligence obligations under the CSDDD: due diligence obligations will apply exclusively to direct business partners and not to the entire value chain.

What do the above amendments mean for enterprises?

The discussed amendments are not yet in force and the draft Omnibus package must first go through a legislative procedure at the EU level. As is evident from the draft’s objectives, there will be less reporting obligations. However, even if a large number of companies will no longer be obliged to report, the sustainability topic remains a highly relevant strategic factor which may bring many benefits in the long-term perspective.

Do you have questions about the upcoming changes in the sustainability reporting? Contact us to check how the new laws may affect your business and how to prepare for the upcoming changes.