The EU's sustainability reporting and due diligence
landscape is in flux following the European Commission's
adoption of its highly anticipated Sustainability Omnibus package
in late February 2025.
In recent bulletins, we have discussed various parts of this
package in more detail. This 'latest developments'-bulletin
aims to provide an interim-update on the current state of play (mid
May 2025).
1. 'Stop the clock' Directive entered into force on
April 17, 2025
The 'Stop the clock' directive (Directive 2025 (EU) 2025/794) (the STC
Directive), published on April 16, 2025, completes the first part
of the EU 'Omnibus I' package adopted by the European
Commission at the end of February 2025. The primary aim of the
package is to enhance the EU's competitiveness and economic
prosperity by fostering a favorable business environment and
reducing regulatory burdens under EU laws in the field of
sustainability. The legislation targets a 25% reduction in
administrative