ESG Regulations Under Pressure: Cuts in Europe, Legal Offensive in the US and UK
On February 26, 2026, in the Official Journal of the EU[4] was published Directive (EU) 2026/470 (“Omnibus I”)[14], which drastically narrows the scope of non-financial reporting under CSRD and due diligence obligations under CSDDD (CS3D). After the changes, CSRD will cover only companies exceeding simultaneously 1,000 employees[5] and 450 million euros in annual net turnover,…








