Council signs off simplification of sustainability reporting and due diligence requirements to boost EU competitiveness
With a view to boosting EU competitiveness, the Council gave, on 24 February 2026, its final green light to a simplification of the sustainability reporting and due diligence requirements for companies.
This legislation simplifies the directives on corporate sustainability reporting (CSRD) and corporate sustainability due diligence (CS3D) by reducing the reporting burden and limiting the trickle-down effect of obligations on smaller companies.
The Omnibus I simplification package reduces complexity and unnecessary barriers, cuts red tape, enhances efficiency and introduces more flexibility for companies that remain subject to its scope with the aim to boost EU competitiveness, especially in a constantly changing geopolitical framework.
"Through the package adopted, we are reducing unnecessary and disproportionate burdens on our businesses, with simpler, more targeted and more proportionate rules, both for our companies and our citizens."
Find more information on the official website of the Council of the EU.
