The Omnibus Package was launched on February 26, 2025, as part of the EU’s efforts to reduce administrative burdens and enhance competitiveness. It aims to simplify sustainability reporting and harmonize due diligence requirements for businesses. The package includes amendments to CSRD, the Corporate Sustainability Due Diligence Directive (CS3D), and the EU Taxonomy Regulation. In this context, Michael Spanos will address how large firms should balance compliance obligations while maintaining operational efficiency, the impacts of reduced reporting requirements on ESG strategy, how ESG due diligence must evolve to maintain compliance with CS3D, and the future of ESG reporting across the EU