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The Commission's February 2025 Omnibus package proposes to confine CSRD reporting to large undertakings with more than 1,000 employees that also exceed a turnover or balance-sheet threshold, removing most companies originally caught by Directive (EU) 2022/2464.
The Stop-the-Clock Directive (EU) 2025/794 delays waves 2 and 3 by two years, so most newly-covered large companies first report on financial year 2027, published in 2028.
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