For the latest update on Omnibus I, click here
In a vote on October 22, the European Parliament rejected the Legal Affairs Committee’s October 13 mandate on simplified rules for sustainability reporting and due diligence obligations, with 309 votes in favor, 318 against and 34 abstentions. The vote took place using secret ballots.
Proposed in February 2025, the Omnibus package seeks to ease reporting requirements for companies under the EU’s corporate sustainability reporting and due diligence regulations.
While the European Commission and Council are driving a narrative of reducing regulatory burden, the European Parliament is pushing back, seeking to protect the robustness of sustainability and due-diligence rules.
Yesterday’s vote sent the Omnibus initiative back to the negotiation stage in Parliament, raising uncertainty amongst affected stakeholders.
Following the mandate rejection, the MEPs will vote on a revised position at the next plenary session in Brussels on November 13. The goal is to finalize the Omnibus I package by the end of 2025.
