Omnibus I directive published: CSRD only above 1,000 staff, CSDDD only above 5,000 from 2029
The Omnibus I directive (EU) 2026/470 was published in the Official Journal on 26 February 2026 and entered into force on 18 March 2026. CSRD reporting now applies only to companies with more than 1,000 employees and €450 million turnover, and the CSDDD only above 5,000 employees and €1.5 billion, with compliance from 26 July 2029. Member states must transpose the CSRD changes by 19 March 2027.
Directive (EU) 2026/470, the substantive Omnibus I directive amending the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD), was published in the Official Journal on 26 February 2026, two days after the Council's final approval. It entered into force on 18 March 2026.
Sustainability reporting (CSRD)
- Reporting applies only to EU companies with on average more than 1,000 employees and net turnover above €450 million, and to non-EU groups with more than €450 million turnover in the EU.
- Member states may relieve first-wave companies that fall outside the new scope from reporting for financial years 2025 and 2026. This needs national law, and countries are choosing differently.
- Companies below the thresholds can refuse value-chain information requests that go beyond the voluntary SME reporting standard.
- Member states must transpose these changes by 19 March 2027.
Due diligence (CSDDD)
- Only EU companies with more than 5,000 employees and €1.5 billion net turnover, and non-EU companies with €1.5 billion EU turnover, are covered.
- All in-scope companies must comply from 26 July 2029. Member states must transpose by 26 July 2028.
What to do
Reassess each EU entity against the new thresholds, and check how its member state transposes the directive, including any use of the first-wave relief.