The highly anticipated Omnibus proposal is finally here! While the Corporate Sustainability Reporting Directive (CSRD) is fundamentally altered, the most drastic rumors failed to materialize. Here’s a summary of the main changes proposed for the CSRD: Mandatory CSRD reporting will only apply to companies with 1000+ employees and either a net turnover above €50 million or a balance […]

Omnibus Scales Back CSRD, Keeps Double Materiality