Last week, the European Commission adopted its first Omnibus package. Designed to streamline compliance while attempting to maintain sustainability ambitions, the package introduces a suite of adjustments to the Corporate Sustainability Due Diligence Directive (CSDDD), Corporate Sustainability Reporting Directive (CSRD), Taxonomy Regulation, and Carbon Border Adjustment Mechanism (CBAM).

Our latest briefing delves into the context and expectations surrounding these proposals, offering a clear breakdown of key changes — from delayed implementation timelines and simplified reporting obligations to a rescoping of compliance requirements that could exempt a substantial number of companies. We also assess the potential risks and benefits, exploring how these adjustments could influence legal certainty, business costs, and the EU’s broader policy objectives.

With reactions sharply divided among Member States, EP Groups, industry groups and civil society, understanding the full implications of this package is crucial — not only for navigating the evolving regulatory landscape but also for understanding the debates that will unfold now that the proposals have been handed to the co-legislators.

Read the full briefing to discover how Omnibus I might reshape the future of business compliance across the EU.