Go to main content

Omnibus I

Listen

The European Commission has presented and announced several legislative proposals, known as omnibus proposals, aimed at making it easier for businesses by, among other things, reducing administrative burdens. The first simplification package (Omnibus 1) focuses primarily on sustainability and was adopted by the European Parliament in December 2025. Here, we explain what this may mean for you as a business owner. However, it is important to note that no changes have yet been implemented in Swedish legislation. Current legislation therefore continues to apply for the time being.

The most important changes through Omnibus I

The Omnibus package amends several aspects of the CSRD with the aim of making the reporting requirements more proportionate and easier for companies to implement. This includes, for example:

  • The amendment means that only companies with more than 1,000 employees and €450 million in turnover will be covered. All other companies may choose to report voluntarily according to a simplified voluntary sustainability reporting standard, based on EFRAG’s SME standards (VSME), which will be adopted by the Commission.
  • Some large listed companies were previously exempt from sustainability reporting: Large listed companies with more than 500 employees have been subject to sustainability reporting requirements since 2024, often referred to as Wave 1 companies. With the change in scope, Wave 1 companies with fewer than 1,000 employees or less than €450 million will no longer fall under the CSRD as of the 2027 financial year. Wave 1 companies that will continue to fall under the CSRD under the new scope — i.e., companies with more than 1,000 employees and €450 million — will be subject to the CSRD as of the 2027 financial year. These Wave 1 companies will still be required to prepare a sustainability report.
  • Omnibus 1 introduces a so‑called value chain cap to protect companies in the value chain with up to 1,000 employees from disproportionate information requests. The value chain cap means that a new voluntary sustainability reporting standard (based on the VSME) will define the framework for what information CSRD‑covered companies may request from value chain companies with up to 1,000 employees for their own sustainability reporting. If a CSRD‑covered company nevertheless requests information that goes beyond the voluntary standard, it must clearly inform the protected value chain company about the additional information being requested, and that the value chain company has the right to refuse to provide it.
  • The Omnibus package abolishes the Commission’s ability to adopt sector‑specific standards.

More information:
Corporate sustainability reporting at the European Commission
Sustainability reporting at FI

The Omnibus package amends several aspects of the CSDDD with the aim of making the reporting obligations more proportionate and easier for companies to implement. This includes, for example:

  • The amendment means that companies with more than 5,000 employees and an annual net turnover of €1.5 billion will fall within the scope of the CSDDD.
  • The deadline for Member States to transpose the directive is extended by two years, to 26 July 2028.
  • Affected companies may only request information from business partners when necessary. For business partners with fewer than 5,000 employees, information may only be requested when it cannot reasonably be obtained in any other way.
  • Only companies with over 1000 employees and 450 million euros in turnover are subject to mandatory reporting requirements in accordance with the EU taxonomy. Voluntary reporting for all other companies.

More information:
EU Taxonomi at FI

  • Only companies that import more than 50 tonnes per year will have to report and pay a fee in accordance with CBAM. This would mean that around 90 percent of all companies currently covered by CBAM commitments will not do so in the future. However, according to the European Commission, the change means that around 99% of emissions will still be covered by CBAM. For companies still affected by CBAM, regulatory simplifications are proposed, with a focus on the approval of CBAM declarants and rules related to CBAM commitments.
  • In addition, the amended regulation introduces several other simplification measures for all importers of CBAM goods, for example concerning the authorisation procedure, data collection processes, the calculation of emissions, the verification rules, and the calculation of the financial liability of authorised CBAM declarants.

More information:
About CBAM at the European Commission

More information about Omnibus

Q&A about Omnibus I och II at the European Commission

Simplification: Council gives final green light on the ‘Stop-the-clock’ mechanism to boost EU competitiveness at the European Council

This page was last updated:

From: Swedish Agency for Economic and Regional Growth

Did this page help you?