On 26 February 2025, the European Commission published the much-anticipated first Omnibus package, with proposals to simplify the Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due Diligence Directive (CSDDD / CS3D), the Taxonomy, and the Carbon Border Adjustment Mechanism (CBAM).
After many weeks of speculation and rumour, we now know what changes the Commission wants to make – with the aim of simplifying and reducing regulatory burdens on business.
We held a webinar on 5 March in which our Financial Regulatory ESG specialists discussed what the proposed CSRD, CSDDD and Taxonomy changes mean – specifically in the financial services context – and what this means for implementation projects in progress and in the planning.
Listen to the recording below: