On the proposal for a directive of the European Parliament and of the Council amending Directives 2006/43/EC, 2013/34/EU, (EU) 2022/2464 and (EU) 2024/1760 as regards certain corporate sustainability reporting and due diligence requirements
ENVI-AD-775696
Committee on the Environment, Climate and Food Safety · Rapporteur: Jessica Polfjärd
Written by a language model from the full text only; every figure comes from the text. The paragraph links open the paragraph a statement rests on — check the text itself before relying on it.
The committee opinion amends the proposal to change corporate sustainability reporting and due diligence rules, raising employee thresholds and limiting due diligence to direct business partners.¶¶¶ It deletes certain articles, adjusts assurance standards deadlines, and clarifies that transition plans are obligations of means, not results.¶¶
Committee position. The committee proposes amendments to raise thresholds, limit due diligence scope, and clarify transition plan obligations, aiming to reduce burdens.¶¶¶
Key points
- Raises the employee threshold for sustainability reporting from 1000 to 1750 and adds a turnover test of over EUR 450 million.¶¶¶
- Limits in-depth due diligence assessments to direct business partners, with indirect assessments only when plausible information exists.¶¶¶
- Defines 'plausible information' as objective, verifiable, and readily available, considering source and context.¶
- Deletes Articles 19b and 29aa from Directive 2013/34/EU, removing separate sustainability reporting standards.¶¶
- Requires the Commission to adopt limited assurance standards by 1 October 2028 and assess reasonable assurance impact.¶¶
- Requires sector-specific guidelines and standards for sustainability reporting, developed with EFRAG and stakeholders.¶¶
- Restricts information requests from value-chain SMEs to voluntary standards, with exceptions for due diligence and emissions.¶¶¶
- Requires transition plans for climate change mitigation for companies with over 3000 employees and EUR 450 million turnover, as an obligation of means.¶¶¶
- Updates transition plans every 12 months with a brief progress description, and assessments every 4 years.¶¶
- Accelerates publication of certain guidelines to 26 July 2026.¶
Who is affected
- Large companies and parent groups with 1750+ employees and EUR 450 million+ turnover face sustainability reporting duties.¶¶¶
- Companies with over 3000 employees and EUR 450 million turnover must adopt climate transition plans.¶¶
- Smaller value-chain firms (under 750 employees, EUR 150 million turnover) are protected from excessive information requests.¶¶¶
- Auditors and audit firms will follow new assurance standards by 1 October 2028.¶