Key Highlights
- Kuldeep Jha Fri, January 9, 2026 at 8:21 PM GMT+5:30 2 min read The European Parliament has approved a provisional deal on the Omnibus I package that amends the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD).
- The changes in the CSRD require EU undertakings with an average workforce of more than 1,000 and net annual turnover of €450m ($523m) to conduct corporate sustainability reporting.
- The changes also extend to non‑EU groups with revenue of more than €450m, and to their EU subsidiaries and branches where EU turnover exceeds €200m.
- Listed small and medium-sized enterprises are removed from scope.
- The reporting model is streamlined, and sector-specific disclosures were made optional rather than mandatory.
