EU’s sustainability reporting shake-up: What’s changing and what it means for fashion

The European Commission is moving forward with amendments to the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD) through its “Simplification Omnibus Package.” A leaked draft has sparked heated debate, revealing major shifts in reporting thresholds, compliance timelines, and due diligence obligations. While some view these changes as necessary simplifications, others argue they weaken corporate accountability.