On 14 April 2025, the European Council formally approved the ‘Stop-the-clock’ directive presented by the European Commission in February 2025. ‘Stop-the-clock’ concerns the postponement of mandatory sustainability reporting (CSRD) by two years.

The European Parliament overwhelmingly approved the ‘stop-the-clock’ portion of the Omnibus proposal on April 3. There were 531 votes in favor, 69 against and 17 abstentions.

Last week, the European Council, which includes heads of government, backed the proposal to postpone mandatory sustainability reporting for large unlisted organisations and listed SMEs by two years (CSRD). Today, the European Parliament agreed to deal with this ‘Stop the Clock’ part of the Omnibus bill under the urgency procedure.