Insights into CSRD & CSDD Changes with Pet Sustainability Coalition
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Date: March 12, 2025
If your pet business sells, manufactures, or distributes products in Europe, recent changes to EU reporting regulations directly affect you. Whether you’re a brand, retailer, supplier, or distributor, understanding the evolving directives is essential for maintaining market access, meeting customer expectations, avoiding penalties, and staying ahead of sustainability trends.
The EU Corporate Sustainability Reporting Directive (CSRD) was adopted in December 2022 to support clarity and consistency in corporate sustainability reporting. Several headwinds contributed to the creation of the CSRD, including the EU Green Deal commitments and EU Taxonomy regulations, criticism of the vagueness of the Non-Financial Reporting Directive (NFRD), and rising international and investor pressure to enhance corporate transparency.
In March 2025, the Omnibus Simplification Package introduced proposed changes that may drastically scale back the reach and rigor of these key EU climate regulations such as CSRD and the Corporate Sustainability Due Diligence Directive (CSDDD), particularly for small to medium enterprises (SMEs). Despite these changes, the momentum has already been set in motion and will continue, particularly for those in the US who meet the California Senate Bill 253 and 261 thresholds and those who operate in countries such as the UK, Canada, and Japan who are adopting IFRS standards (International Financial Reporting Standards). The proposed delay provides a chance to calculate a more strategic approach to compliance that prioritizes business outcomes rather than being reactive.
Learn more about what the Omnibus Simplification Package means from Point B’s Holly Bridwell, Minahil Choudry, and Katie Secrist and Hannah Hintz of Pet Sustainability Coalition here.
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