AUTHORs:
Susanne McMenamin, Susan Carroll Chrysostomou
co-author(s):
Michael Sinnott
Services:
Corporate, Environmental, Social and Governance (ESG) Advisory Group
DATE:
07/04/2025
CSRD- Irish Government Announces Support for Omnibus_v3 PDF | 0.66 MB
There has been a number of significant recent
updates related to the Corporate Sustainability Reporting Directive (“CSRD”). The Irish government has announced support for
the ‘omnibus simplification package’, which proposes to significantly modify
the CSRD and signalled separate changes the existing Irish CSRD legislation are
forthcoming.
At the same time, at European level the ‘stop the clock’ directive to pause the CSRD for many companies for two years has been approved by the European Parliament and the European Commission has started the process for simplifying the European Sustainability Reporting Standards.