CSRD and CSDDD Officially Delayed, With Huge Majority of MEPs in Support

EU parliament votes to ‘stop the clock’ on sustainability reporting

The European Parliament voted Thursday to delay reporting timelines for the bloc’s Corporate Sustainability Reporting Directive and Corporate Sustainability Due Diligence Directive.

Greens, socialists hope centrist alliance will limit EU deregulation

The European Parliament has voted to delay key rules on corporate sustainability pending a reduction of their scope, on the same day the Trump administration appeared to be targeting EU regulatory standards with a punitive 20% import tariff.

CSRD and CSDDD Officially Delayed, With Huge Majority of MEPs in Support

European Parliament postpones corporate sustainability rules under CSRD and CSDDD. New deadlines aim to simplify reporting and enhance EU competitiveness

According to Prime Minister Kristen Michal, the European Commission is lowering the threshold for companies that must start submitting sustainability reports. From now on, only the largest companies will be required to report.

Companies will get more time to prepare for some of Europe's "green" regulations. The European Parliament on Thursday approved a postponement of two directives that push companies to be more environmentally friendly and require them to report regularly on their environmental and social activities. The aim is also to exempt some companies from the obligations altogether.

Reunited MEP coalition votes in favour of proposed corporate reporting deregulation

The EPP abandoned its pledge to go beyond the Commission proposal after reaching a compromise with the centre-left S&D, liberal Renew, and the Greens.