On Friday 31 October 2025, the Business Federation Luxembourg (FEDIL) has issued a statement highlighting the upcoming vote on the Omnibus I legislative package, which proposes adjustments and clarifications to certain provisions of the Corporate Sustainability Due Diligence Directive (CSDDD) and the Corporate Sustainability Reporting Directive (CSRD).

On Wednesday 22 October 2025, the European Parliament (EP) rejected the position adopted by its relevant committee, which had been designed to reduce the administrative burden on European companies and strengthen the competitiveness of the internal market. The text will now be submitted for a plenary vote on Wednesday 12 and Thursday 13 November 2025.

FEDIL called on policymakers to support the compromise text without diluting the improvements it introduces, emphasising the importance of reaching a strong and operational parliamentary position that maintains the key enhancements proposed under Omnibus I. According to FEDIL, adoption of the package would pave the way for a swift conclusion of the legislative process, ideally under the Danish presidency, offering businesses greater predictability and legal certainty to plan investments, pursue transformation efforts and strengthen European competitiveness.

The federation warned that rejecting the proposal would maintain the current regulatory status quo, extending complex and costly obligations that are difficult to implement in practice, while delaying much-needed clarifications for companies. It added that such a decision would send a negative signal to investors, undermining the EU’s credibilityand its capacity to implement the recommendations of the Draghi Report to reinforce the competitiveness and resilience of European industries.

FEDIL reaffirmed its commitment to working with policymakers to promote a constructive outcome to the negotiations and to ensure that the Omnibus package delivers concrete and balanced results.

The organisation also reiterated its support for the European framework on sustainability reporting and due diligence, noting that the effectiveness of these measures depends on proportionate, coherent and practicable implementationthat preserves both the strength of the European economy and the functioning of the internal market.

EO