EU Sustainability Rollback Heads to Trilogues After Parliament Vote

Overview

• On 13 November, MEPs approved the omnibus rollback 382–249 in a vote backed by the EPP–ECR–PfE coalition, triggering trilogues that begin 18 November with a year‑end target for a deal.
• Parliament’s position would limit CSDDD to companies with at least 5,000 employees and €1.5 billion turnover and apply CSRD only to firms with more than 1,750 employees and over €450 million turnover.
• The proposal removes the CSDDD obligation for companies to prepare Paris‑aligned transition plans.
• It permits a wholly risk‑based due‑diligence approach using “reasonably available” information and avoids soliciting partners with fewer than 5,000 employees unless necessary.
• A separate “quick fix” delegated act entered into force on 13 November for financial years starting on or after 1 January 2025.