The European Parliament has approved a provisional deal on the Omnibus I package that amends the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD). The changes in the CSRD require EU undertakings with an average workforce of more than 1,000 and net annual turnover of €450m ($523m) to conduct corporate sustainability reporting. The changes also extend to non‑EU groups with revenue of more than €450m, and to their EU subsidiaries and branc ...

Group 1 - The core focus of the article is on the United States targeting corporate sustainability due diligence directives and the European Union's methane emissions regulations in trade negotiations [1] Group 2 - The U.S. aims to incorporate sustainability practices into trade discussions, reflecting a growing emphasis on environmental responsibility in corporate operations [1] - The inclusion of methane emissions regulations indicates a broader commitment to addressing climate change and reducing greenhouse gas emissions in international trade agreements [1]