EU Lawmakers Vote to Ease Corporate Due Diligence Requirements
The committee raised compliance thresholds, reducing the law's scope to fewer than 1% of EU firms and weakening environmental and human rights accountability, amid political and business pressure.
8 Articles
8 Articles
EU lawmakers loosen business sustainability reporting and due diligence requirements
The European Parliament’s Committee on Legal Affairs voted Monday to amend its position on the European Union’s landmark corporate accountability law, introducing a series of changes to companies’ sustainability reporting and due diligence requirements. The EUs corporate sustainability due diligence directive (CSDDD) was adopted last year and “requires companies to fix human rights and environmental issues in their supply chains, or face fines o…


MEPs vote in favour of major rollback of corporate sustainability laws
The European Parliament’s legal affairs committee backs a major rollback of the EU's corporate due diligence and sustainability reporting laws, in what activists called "a clear win for Big Oil."
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