The Omnibus Proposal was published on February 26th, 2025 by the European Commission and outlines revisions to major ESG regulations including the CSRD, EU Taxonomy, and CSDDD. It proposes delayed timelines, higher reporting thresholds, and simplified standards in an effort to reduce compliance burdens, particularly for smaller businesses.
Key proposed changes include raising the CSRD employee threshold from 250 to 1,000 employees, extending the first reporting deadline for wave-2 companies, introducing a voluntary simplified standard for companies below the new threshold, and reducing EU Taxonomy disclosure requirements. The proposal also suggests merging certain CSDDD due diligence obligations with CSRD reporting. While not yet finalized into law, companies should monitor developments closely as the changes could significantly affect their reporting obligations and timelines.
Stay up to date on CSRD regulatory developments and explore our guide on ESRS reporting standards to understand what applies to your organization. Compare top CSRD software tools to ensure your reporting platform adapts to regulatory changes.
See how Coolset helps companies with CSRD compliance amid regulatory changes →
