
Beyond the GAAP no. 196 – February 2025
Beyond the GAAP no. 196 – February 2025
In practice, the EC is proposing to delay by two years the requirement to publish sustainability information for current waves 2 and 3 companies through the “Stop the Clock” Directive, which could be transposed before 31 December 2025. The proposed “Content” Directive should require more time before a political agreement is reached since it aims to reduce the CSRD scope by about 80%, targeting only large companies with more than 1000 employees. A Delegated Act significantly streamlining the ESRS is also announced. Additionally, the EU Taxonomy Delegated Acts will be simplified, with the first round of proposals submitted for public consultation by 26 March.