EU: Council agrees position on sustainability reporting and due diligence requirements
"Simplification: Council agrees position on sustainability reporting and due diligence requirements to boost EU competitiveness", 23 June 2025
Member states’ representatives agreed today the Council’s negotiating mandate on simplifying sustainability reporting and due diligence requirements to boost EU competitiveness. This proposal aims at simplifying the directives on corporate sustainability reporting (CSRD) and due diligence (CS3D) by reducing the reporting burden and limiting the trickle-down effect of obligations on smaller companies.
The proposal forms part of the 'Omnibus I' package adopted by the Commission on 26 February 2025 to simplify EU legislation in the field of sustainability...
On the CSRD, the Commission proposed to increase the employee threshold to 1000 employees and to remove listed SMEs from the scope of the directive. In its mandate, the Council added a net turnover threshold of over €450 million to further alleviate the reporting burden on undertakings. The Council’s mandate also introduces a review clause concerning a possible extension of the scope to ensure adequate availability of corporate sustainability information.