Update on the implications of the Omnibus Initiative

March 6 2025

Webinar

English

Most recently, the European Commission published the “Compass for Competitiveness” (EU Compass) on January 29, 2025. In this document, the Commission announced that the first in a series of “Simplification Omnibus” packages will introduce far-reaching simplifications in the areas of sustainability reporting, sustainability due diligence, and taxonomy.

In this webcast we will break down the first Omnibus proposal in detail and what it means for your company:

  • Analysis of the first Omnibus proposal: Overview of planned changes to CSRD, CSDDD (Corporate Sustainability Reporting Directive; Corporate Sustainability Due Diligence Directive) and the EU Taxonomy
  • Implications for your company: Practical implications for your reporting requirements

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Our expert
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Timo Herold

Partner, Audit, Regulatory Advisory, Sustainability Reporting & Governance, KPMG AG Wirtschaftsprüfungsgesellschaft
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