Omnibus I (sustainability simplification package)—introduction The Commission published a Communication on Simplification and Implementation on 12 February 2025, setting out how the Commission plans to make implementation of EU rules easier in practice during its 2024–2029 term, and provides further detail on the Commission’s plans to simplify a number of EU legislative measures. As explained in the Communication, one of the Commission’s key targets for this period is to reduce administrative costs (including reporting costs) by at least 25% for all companies, and by at least 35% for small- and medium-sized enterprises (SMEs). As a matter of priority, the Commission is trying to tackle what it deems as overlapping, unnecessary, or disproportionate rules that burden on EU businesses and which may, therefore, inhibit growth and prevent development. This goal is to be primarily achieved via adoption of ‘simplification’ omnibus packages of legislation. The Commission published the first of its planned omnibus simplification packages on 26 February 2025, containing split proposals to: • postpone the implementation of Directive (EU) 2022/2464 (the Corporate Sustainability Reporting Directive (CSRD))