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On 26 February 2025, the European Commission introduced the Omnibus Regulation—a legislative package revising core elements of the European Green Deal. It amends the Corporate Sustainability Reporting Directive (CSRD), Corporate Sustainability Due Diligence Directive (CSDDD), and the Taxonomy Regulation. The goal: reduce reporting burdens for SMEs and mid-sized firms, streamline compliance, and boost competitiveness in a growth-oriented EU regulatory environment.
On 22 October 2025, the European Parliament rejected the mandate for the proposed Omnibus Regulation, a key simplification initiative under the European Green Deal. This move delays progress and sends the proposal back to plenary debate on 11–13 November, where amendments may be reopened.