The Corporate Sustainability Due Diligence Directive has failed to win support from the qualified majority of member states needed to reach the final vote in the European Parliament. The possibility of this major text regulating corporate CSR practices being adopted before the European elections appears more limited than ever.
On February 28, 2024, the Corporate Sustainability Due Diligence Directive was rejected by the French, German and Italian governments at the Committee of Permanent Representatives (COREPER). This was despite a political agreement reached with the Parliament in December. It’s also another setback for the European Commission, which had made the text, presented two years ago, one of the major elements of its ecological transition program and regulatory framework on CSR.
In a press release, the...
Do you have information to share with us?
Article authors