CSRD, CSDDD: EU approved "Stop-the-Clock" Measure

The European Commission has approved important changes to when companies must start reporting on sustainability matters. On April 3, 2025, the Commission adopted the "Stop-the-Clock" measure, which extends the deadlines for two major regulations (Link). 
This decision is part of the Commission's February 2025 "Omnibus" package, which aims to make sustainability rules simpler and reduce paperwork for businesses. The approved changes include:

• Large companies that are not listed on stock exchanges will now start reporting in 2028 instead of 2026
• Small and medium-sized listed companies will begin reporting in 2029 instead of 2027
• Due diligence requirements for checking sustainability in supply chains will start in 2028, one year later than originally planned

Companies already required to report under previous rules must still submit their sustainability reports for 2024 on schedule in 2025.
The proposal now needs final approval from the EU Council, with the official text expected to be published by the end of June 2025. This delay gives EU lawmakers more time to work on additional simplifications in the second part of the Omnibus package, which aims to reduce reporting requirements by about 25% while still supporting Europe's climate goals.