ESG and Climate: CSRD Simplification, Stricter Ratings, and Accelerated Transformation in Europe
Starting March 19, 2026, the Omnibus Directive (EU) 2026/XXX, which simplifies[1] reporting requirements under CSRD and CSDDD comes into effect. Companies in the so-called Wave 1, already reporting for 2024, received a 2-year relief for 2025–2026[2], while Wave 2 companies – large EU and international firms employing at least 1000 workers – will start reporting…









