Omnibus I

Simplification of the CBAM, Sustainable Finance Omnibus (CSRD/CSDDD)

Main developments

  • Feb 2025 – Commission launches Omnibus I, proposing simplification of CSRD, CSDDD & EU Taxonomy
  • March, April 2025 “Stop-the-clock” approved; Parliament votes to pause CSRD & CSDDD deadlines by 1–2 years
  • 18 April 2025 – NGOs file complaint to Ombudsman
  • Jul 2025  EC adopts a delegated act simplifying EU Taxonomy reporting
  • 25 Nov 2025 – Ombudswoman preliminary outcome – maladministration
  • Dec 2025 Provisional agreement reached between EC, Council & Parliament on content changes
  • 16 Dec 2025 Parliament adopts final text; CSRD scope narrowed to firms with 1,000+ employees & €450M+ turnover
  • 26 Feb 2026  Published in the EU Official Journal; enters into force 19 Mar 2026, with member state transposition due by 2027

Analysis