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The Amendment Directive, which amends the EU sustainability regulation and reporting regime and forms part of the Omnibus I package, has been formally approved by the European...
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The Amendment Directive, which amends the
EU sustainability regulation and reporting regime and forms part of
the Omnibus I package, has been formally approved by the European
Parliament and published in the Official Journal.
The adoption of the Amendment Directive follows the adoption of
the "Stop the Clock" Directive in April 2025, which also
forms part of the Omnibus package and postponed the reporting
requirements under the Corporate Sustainability Reporting Directive
(CSRD) and the Corporate Sustainability Due Diligence Directive
(CSDDD) for certain companies (see our blog post here).
The Omnibus package comprises measures to simplify the
requirements set out in the three key pillars of the EU legislative
programme in relation to sustainability regulation and reporting
– namely the CSRD, the CSDDD and the EU sustainability
taxonomy. The Amendment Directive makes substantive amendments to
the CSRD and the CSDDD, including to their scope.
Member States now have until 19 March 2027 to implement the
changes in the Amendment Directive into national law, except for
the changes to the CSDDD, for which the implementation deadline is
26 July 2028.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
