Council of the European Union agrees its position on the first omnibus package

On 23 June 2025, the Council of the European Union announced that it had reached a position on the European Commission's proposals of 26 February 2025 on the First Omnibus Package.

On 26 February 2025, the Commission of the European Union published its proposal for the First Omnibus Package on amendments to the EU Accounting Directive (Directive 2013/34/EU), the EU Statutory Audit Directive (Directive 2006/43/EC), the CSRD (Directive (EU) 2022/2464) and the CSDDD (Directive (EU) 2024/1760).

The Council of the European Union has published the initial content of its position in a press release.

The following should be emphasised in particular:

• Only companies with more than 1,000 employees and more than € 450 million in revenue are to be included in the scope of the CSRD. The Council proposes a review clause regarding a possible expansion of the scope of application in order to ensure the appropriate availability of sustainability information from companies.
• Only companies with more than 5,000 employees and more than €1.5 billion in revenue are to be included in the scope of the CSDDD.
• The obligation to transpose the CSDDD into national law is to be postponed by one year.

The full position of the Council of the European Union is to be published shortly. As soon as the EU Parliament has also agreed on a position, the final texts of the amending directives will be adopted in trialogue negotiations. The amending directives will then be published in the EU Official Journal and must be transposed into national law by the member states.

The press release can be accessed here.