European Parliament Agrees to Delay Certain EU ESG Rules

On April 3, 2025, the European Parliament adopted, by an overwhelming majority, a Directive that would “stop the clock” on certain reporting requirements under the EU Corporate Sustainability Reporting Directive (CSRD), as part of the Omnibus reform package presented by the European Commission on February 26, 2025. To become effective, the Directive now requires formal approval by the European Council and publication in the Official Journal. Both steps are considered a formality as the Council...
By: Jones Day

Array