As of 14th April 2025, the EU has approved one of the Directives proposed under the EU Omnibus Package (see our previous post: What is the EU Omnibus Package?).
This “Stop-the-clock” Directive postpones the start date of reporting requirements under the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
- Reporting under CSRD is to be postponed by two years for large companies and listed SME’s that have not yet started reporting under the policy.
- The CSDDD transposition deadline is to be postponed by one year.
A conclusion on the remaining Directives under the Omnibus Package proposal is not expected until late 2025.
