"The European Commission is driving a significant simplification of corporate information disclosure requirements, focusing on adjustments to the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive. This move aims to alleviate the reporting burden on businesses, improve regulatory efficiency, and unlock investment potential. Regarding the CSRD, the key change is raising the employee threshold for mandatory reporting from 250 to 1,000, meaning approximately 85% of companies will no longer be required to comply, freeing a large number of small and medium-sized enterprises and some large multinational corporations from mandatory disclosure. Simultaneously, the implementation timeline of the Due Diligence Directive has been postponed, and its reporting requirements have been significantly reduced, focusing only on direct stakeholders and eliminating requirements for climate transition plans, among others. However, these amendments have sparked strong opposition from industry experts, who view them as 'deregulation' that could harm sustainability goals. The European Commission believes that these simplification measures can strike a balance between reducing the burden on businesses and maintaining sustainability objectives, but how to find the optimal balance point remains a focal point for future attention."