- program by EU
- simplify ESRS and CSDDD
- reduce scope of companies caught (more employees necessary)
Proposals
- stop the clock regulation
- push back timeline of application
- status 2025/05/14
- Austria is not the only country to fail to transpose the CSRD
- CSRD is still not transposed
- content proposal
- increase of employees required bump to 1.000 from 250
- not 1500, only 150 companies in scope then
- reduce regulatory overhead
- simplify ESRS
- many different ideas, no final ideas yet
- timeline: new standards by end of October 2025