Overview
- MEPs voted 309 in favour, 318 against, with 34 abstentions to reject authorising negotiations on the Commission’s Omnibus simplification package.
- Without a parliamentary position, trilogue talks with the Commission and Council cannot start and the file returns for a full vote and possible amendments in November.
- The JURI compromise approved on October 13 proposed higher thresholds for company coverage, limiting in‑depth due diligence, reinstating a 5% turnover cap on fines, and easing transition‑plan obligations.
- The Council adopted its stance in June, so further progress depends on Parliament assembling a majority at the next plenary.
- Business planning remains uncertain, with some commentators saying the shelved approach could have removed a large share of companies from CSRD reporting scope.