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ARTICLE · 03 MARCH 2025

EU Omnibus Package Published: CSRD And CS3D To Be Delayed And Scaled Back

Jones Day
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On February 26, 2025, the European Commission unveiled its long-awaited "Omnibus" package, proposing significant changes to EU ESG laws. The changes aim to reduce the compliance burden on companies, while enhancing global competitiveness.

European UnionCorporate/Commercial Law
Giles Elliott
Giles Elliott
Vica Irani
Vica Irani
Françoise Labrousse
Françoise Labrousse
Howard Sidman
Howard Sidman
Jürgen Beninca
Jürgen Beninca
Seth E. Engel
Seth E. Engel
Aidan Lawes
Aidan Lawes
Armelle Sandrin-Deforge
Armelle Sandrin-Deforge
Olga Gidalevitz Ph.D.
Olga Gidalevitz Ph.D.
+1 more
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The European Union today published its long-awaited "Omnibus" package, proposing to delay key European ESG rules, while simultaneously reducing the applicability and burden of corporate sustainability reporting and due diligence requirements for European and global companies operating in the European Union.

On February 26, 2025, the European Commission unveiled its long-awaited "Omnibus" package, proposing significant changes to EU ESG laws. The changes aim to reduce the compliance burden on companies, while enhancing global competitiveness. The suggested reforms primarily impact the Corporate Sustainability Reporting Directive ("CSRD") and Corporate Sustainability Due Diligence Directive ("CS3D"), while also refining the EU Taxonomy framework.

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