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Our latest Director Factsheet explains the EU's Omnibus Proposals. The Proposals aim to simplify rules, especially for SMEs, by delaying and adjusting the scope of the Corporate Sustainability Reporting Directive (CSRD). Key changes include limiting reporting to companies with over 1,000 employees, removing sector-specific standards, and offering flexible EU Taxonomy reporting. These changes could reduce the number of affected companies by 80% and save €4.4 billion annually.