The European Parliament and the Council of the EU reached an agreement on the night of 8 December on the weakening of the directives on corporate sustainability reporting (CSRD) and corporate sustainability due diligence (CSDDD), paving the way for the final adoption of the Omnibus Directive before the end of 2025.
The trilogue is conclusive. In the middle of the night, the Council of the EU issued a statement announcing an agreement between the Parliament and member states on the omnibus directive presented by the European Commission in February, which will result in a dilution of the CSRD and CSDDD.
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