2025/794 号指令为「stop-the-clock」期限推迟指令，仅改日期、不改实体义务。其上列日期其后经 2026/470 号指令（Omnibus I）再次调整：CSDDD 门槛提高至平均雇员超过 5 000 人且全球净营业额超过 15 亿欧元，转化期限改为 2028 年 7 月 26 日、义务统一自 2029 年 7 月 26 日起适用（第 16 条自 2030 财年）；CSRD 上市中小企业被移出范围（见 omnibus-1）。
Article 1 — amended Article 5(2) of Directive (EU) 2022/2464 (CSRD)
Article 5(2) of Directive (EU) 2022/2464 is amended as follows:
(a) the first subparagraph is amended as follows:
(i) in point (b), the introductory wording is replaced by the following:
‘for financial years starting on or after 1 January 2027:’;
(ii) in point (c), the introductory wording is replaced by the following:
‘for financial years starting on or after 1 January 2028:’;
(b) the third subparagraph is amended as follows:
(i) in point (b), the introductory wording is replaced by the following:
‘for financial years starting on or after 1 January 2027:’;
(ii) in point (c), the introductory wording is replaced by the following:
‘for financial years starting on or after 1 January 2028:’.
2022/2464号指令第5(2)条修订如下：
(a) 第一分段修订如下：
(i) (b)点引导语改为：
‘对2027年1月1日或之后开始的财年：’；
(ii) (c)点引导语改为：
‘对2028年1月1日或之后开始的财年：’；
(b) 第三分段修订如下：
(i) (b)点引导语改为：
‘对2027年1月1日或之后开始的财年：’；
(ii) (c)点引导语改为：
‘对2028年1月1日或之后开始的财年：’。
Article 2 — replaced Article 37(1) of Directive (EU) 2024/1760 (CSDDD)
In Article 37(1) of Directive (EU) 2024/1760, the first and second subparagraphs are replaced by the following:
‘1. Member States shall adopt and publish, by 26 July 2027, the laws, regulations and administrative provisions necessary to comply with this Directive. They shall forthwith communicate the text of those measures to the Commission.
They shall apply those measures:
(a) from 26 July 2028 as regards companies referred to in Article 2(1), points (a) and (b), which are formed in accordance with the legislation of the Member State and that had more than 3 000 employees on average and generated a net worldwide turnover of more than EUR 900 000 000 in the last financial year preceding 26 July 2028 for which annual financial statements have been or should have been adopted, with the exception of the measures necessary to comply with Article 16, which Member States shall apply to those companies for financial years starting on or after 1 January 2029;
(b) from 26 July 2028 as regards companies referred to in Article 2(2), points (a) and (b), which are formed in accordance with the legislation of a third country and that generated a net turnover of more than EUR 900 000 000 in the Union, in the financial year preceding the last financial year preceding 26 July 2028, with the exception of the measures necessary to comply with Article 16, which Member States shall apply to those companies for financial years starting on or after 1 January 2029;
(c) from 26 July 2029 as regards all other companies referred to in Article 2(1), points (a) and (b), and Article 2(2), points (a) and (b), and companies referred to in Article 2(1), point (c), and Article 2(2), point (c), with the exception of the measures necessary to comply with Article 16, which Member States shall apply to those companies for financial years starting on or after 1 January 2030.’.
在2024/1760号指令第37(1)条中，第一分段和第二分段替换为：
‘1. 成员国应在2027年7月26日前通过并公布为遵守本指令所必需的法律、法规和行政规定，并应立即将其实施措施的文本通报委员会。
成员国应自下列日期起适用这些措施：
(a) 对于第2(1)条(a)、(b)点所指、依照成员国法律设立、且其在2028年7月26日前的上一个财年（届时其年度财务报表已经或本应获得通过的最后一个财年）平均雇员超过3 000人并产生超过900 000 000欧元全球净营业额的公司：自2028年7月26日起适用；其中为遵守第16条所必需的措施，成员国应对该等公司自2029年1月1日或之后开始的财年适用；
(b) 对于第2(2)条(a)、(b)点所指、依照第三国法律设立、且其在2028年7月26日前的上一个财年的前一个财年在欧盟内产生超过900 000 000欧元净营业额的公司：自2028年7月26日起适用；其中为遵守第16条所必需的措施，成员国应对该等公司自2029年1月1日或之后开始的财年适用；
(c) 对于第2(1)条(a)、(b)点及第2(2)条(a)、(b)点所指的所有其他公司，以及第2(1)条(c)点和第2(2)条(c)点所指公司：自2029年7月26日起适用；其中为遵守第16条所必需的措施，成员国应对该等公司自2030年1月1日或之后开始的财年适用。’。
Article 3 — Transposition
1. Member States shall bring into force the laws, regulations and administrative provisions necessary to comply with this Directive by 31 December 2025. They shall immediately inform the Commission thereof.
When Member States adopt those measures, they shall contain a reference to this Directive or be accompanied by such a reference on the occasion of their official publication. The methods of making such reference shall be laid down by Member States.
2. Member States shall communicate to the Commission the text of the main measures of national law which they adopt in the field covered by this Directive.
1. 成员国应在2025年12月31日前使为遵守本指令所必需的法律、法规和行政规定生效，并应立即就此通报委员会。
成员国在通过该等措施时，该等措施应包含对本指令的援引，或在其正式公布时附有此类援引；作出此类援引的方法由成员国规定。
2. 成员国应向委员会通报其在本指令所涵盖领域通过的国内法主要措施的文本。
Article 4 — Entry into force
This Directive shall enter into force on the day following that of its publication in the Official Journal of the European Union.
本指令自其在《欧盟官方公报》上公布之日的次日起生效。
Article 5 — Addressees
This Directive is addressed to the Member States.
本指令的受送达人为成员国。