The Council of the European Union has formally approved the Omnibus I package, which revises and simplifies both the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CS3D). This decision marks the final major political step before the legislative act is published in the EU Official Journal. Once published, the act will enter into force 20 days later.

The overarching goal of these reforms is to boost European Union competitiveness by significantly reducing administrative burdens on companies while maintaining core sustainability objectives.

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