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ARTICLE · 24 SEPTEMBER 2025

European Commission Proposes Overhaul To EU Sustainability Reporting Framework

Dillon Eustace
Dillon Eustace
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On 26 February 2025, the European Commission published its much-anticipated sustainability omnibus proposal under which it has proposed a significant overhaul...

European UnionFinance and Banking
Cillian Bredin
Cillian Bredin
Aisling O'Malley
Aisling O'Malley
Alanna Hannon
Alanna Hannon
Áine McCarthy
Áine McCarthy
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What has the European Commission published?

On 26 February 2025, the European Commission published its much-anticipated sustainability omnibus proposal under which it has proposed a significant overhaul of the EU sustainability reporting framework (Proposal).

The Proposal is the first deliverable of the European Commission's competitiveness mandate under which it has committed to ensuring that EU businesses and administrations "are not stifled by excessive regulatory burdens"1 in an aim to stimulate business creation and growth within the EU.

The Proposal will now need to be considered by the European Parliament and the Council of the European Union.

What elements of the EU sustainability reporting framework are impacted by the Proposal?

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