Overview
- Lawmakers approved an omnibus simplification package that exempts more companies from EU green reporting and due‑diligence requirements, with 382 in favor, 249 against and 13 abstentions.
- The changes would lift coverage thresholds to companies with at least 5,000 employees and over €1.5 billion in turnover, narrowing the number of firms subject to the rules.
- Parliament voted to remove mandatory corporate climate transition plans tied to EU due‑diligence obligations.
- The text proposes scrapping a harmonized EU civil liability regime, indicating a shift back to national laws for liability provisions, pending negotiations.
- The European People’s Party secured passage with support from right and far‑right groups and some liberals, highlighting a new voting alignment in the chamber.