Overview
- The plenary voted 309–318 with 34 abstentions to reject the Legal Affairs Committee’s mandate, exposing an unusual split within the centrist coalition.
- The file is slated to return to the November 12–13 plenary, where MEPs can table amendments before any negotiating position is adopted.
- Trilogue talks cannot begin until Parliament agrees its stance, while the Council set its position on June 23 and the Commission proposed the simplification package on February 26.
- The JURI draft would have raised CSRD and CSDDD scope thresholds, exempted financial holding companies from CSRD, limited in‑depth due diligence, reinstated a 5% turnover cap on fines, and softened transition‑plan requirements.
- EPP lead negotiator Jörgen Warborn said the group made compromises, blamed S&D for challenging the mandate, and pledged to seek a new solution in November as businesses face prolonged uncertainty.