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On February 26, 2025, the European Commission introduced the “Omnibus” package, proposing simplifications to regulations associated with the CSRD, CSDDD, and EU Taxonomy. The Omnibus Package contained several proposals, which are referred to as #80 and #81 in the jargon of the Brussels legislators, in accordance with their regulation numbering. #80, also known as “stop … Continued

The European Commission has adopted “Omnibus” packages of proposals designed to simplify EU rules and boost competitiveness. These packages aim to reduce administrative burdens by at least 25%, with a target of 35% for SMEs. The proposals cover sustainable finance reporting, sustainability due diligence, EU Taxonomy, the Carbon Border Adjustment Mechanism, and European investment programmes. … Continued