Today, the Council’s presidency and EU Parliament’s negotiators reached a 𝐩𝐫𝐨𝐯𝐢𝐬𝐢𝐨𝐧𝐚𝐥 𝐚𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭 on the simplification measures for 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐑𝐞𝐩𝐨𝐫𝐭𝐢𝐧𝐠 (𝐂𝐒𝐑𝐃) and 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐃𝐮𝐞 𝐃𝐢𝐥𝐢𝐠𝐞𝐧𝐜𝐞 (𝐂𝐒𝐃𝐃𝐃), part of the Omnibus I package.

𝐒𝐨𝐦𝐞 𝐤𝐞𝐲 𝐩𝐨𝐢𝐧𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐚𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭:
• Increase CSRD thresholds: >𝟏,𝟎𝟎𝟎 𝐞𝐦𝐩𝐥𝐨𝐲𝐞𝐞𝐬 and net annual turnover >€𝟒𝟓𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧
• Increase CSDDD thresholds: >𝟓,𝟎𝟎𝟎 𝐞𝐦𝐩𝐥𝐨𝐲𝐞𝐞𝐬 and net turnover >€𝟏.𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧
• Risk-based approach for value chain due diligence, avoiding unnecessary information requests to out of scope companies
• Further postponement of CSDDD transposition deadline to 26 July 2028, with compliance as of 𝐉𝐮𝐥𝐲 𝟐𝟎𝟐𝟗

𝐍𝐞𝐱𝐭 𝐬𝐭𝐞𝐩𝐬:
The provisional agreement must now be formally endorsed and adopted by both the Council and EU Parliament. The Legal Affairs Committee vote is scheduled on 𝟏𝟏 𝐃𝐞𝐜𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐𝟓, followed by a plenary vote currently scheduled on 𝟏𝟔 𝐃𝐞𝐜𝐞𝐦𝐛𝐞𝐫. Coreper endorsement is expected at the next meeting on 𝟏𝟎 𝐃𝐞𝐜𝐞𝐦𝐛𝐞𝐫.

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