On 26 February 2026, the so‑called Omnibus I Directive was published in the Official Journal of the European Union. The Directive introduces amendments to the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD), with the aim of simplifying the regulatory framework and reducing the administrative burden on companies.

Pursuant to the EU legislative process, the amendments entered into force on 18 March 2026, twenty days following their publication.

What does Omnibus I mean in brief?

Omnibus I is a consolidated amending directive that adjusts the scope, application timelines, and certain substantive requirements of both the CSRD and the CSDDD. The overarching objective is to focus the most far‑reaching sustainability requirements on the largest companies, while exempting small and medium‑sized enterprises to a greater extent from binding obligations.

CSRD – Narrower scope of application

• Going forward, sustainability reporting under the CSRD will apply only to companies that both:
  1. have more than 1,000 employees on average, and
  2. generate net turnover exceeding EUR 450 million.
• The previous “two out of three criteria” test (employees, turnover, balance sheet total) is removed.
• As a result, many companies that were previously expected to fall within the scope of the CSRD will now be excluded from mandatory reporting.

CSDDD – Higher thresholds and deferred application

• The due diligence requirements are limited to very large companies with more than 5,000 employees and net turnover exceeding EUR 1.5 billion.
• The application of the Directive is postponed, with effective application starting from 2029.

The entry into force of Omnibus I means that:

• Member States will begin the national transposition of the amended rules.
• Companies should reassess their CSRD and CSDDD status in light of the new thresholds.
• In parallel, revised ESRS standards and additional guidance from the European Commission are expected, which will influence how sustainability reporting is structured in practice.

• Confirm whether the company remains within the scope of the CSRD under the new rules.
• Assess the implications for ongoing or planned sustainability reporting projects.
• Companies falling outside the scope should assess the relevance of voluntary sustainability reporting, taking into account potential customer and investor expectations.

Svalner Atlas has extensive experience in supporting companies with the interpretation and implementation of EU sustainability legislation. We are happy to discuss how Omnibus I affect your business, what the new rules mean in practice, and how your organisation should position itself going forward.

For publication in the EU Official Journal: Directive – EU – 2026/470 – EN – EUR-Lex