EU’s Omnibus Package Waters Down CSRD: Key Changes and Implications

In a significant move, the EU’s Omnibus Package has watered down the Corporate Sustainability Reporting Directive (CSRD). While SMEs and non-EU companies benefit from relaxed compliance, critics warn transparency may suffer. Extended deadlines, simplified standards, and postponed audits offer short-term relief but risk inconsistent data. This post outlines the changes, their impact, and how businesses can adapt.