On April 3, 2025, the European Parliament delivered a significant decision regarding sustainability reporting and due diligence requirements, voting in favor of the “stop-the-clock” proposal without amendments. This approval signifies a delay in the application of the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD), aimed at
European Parliament approves ‘stop-the-clock’ delay for CSRD and CSDDD
The delays will provide a window for businesses to prepare.