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The European Commission’s first Omnibus package of proposals aims to reduce sustainability reporting and due diligence requirements. Only the largest companies would report under the European Sustainability Reporting Standards (ESRS); a subset of those companies would continue to report under the EU Taxonomy. 

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This table provides an overview of how the proposals would affect different companies.

diagram

What’s new?

Reducing the reporting burden for companies
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Limiting ESRS and EU Taxonomy requirements to the largest companies
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The ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø view

ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø responds to EFRAG’s call for feedback
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What do they mean for your company?
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More resources

Impact of EU sustainability reporting on US companies

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EU Omnibus in the US (podcast)

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