EU: concerns mount around Corporate Sustainability Due Diligence Directive

With the European Parliament’s Legal Affairs Committee set to vote within days on the proposed omnibus directive, supporters of the Corporate Sustainability Due Diligence Directive (CSDDD) are voicing concern over a new compromise that would raise the threshold to companies with more than 5,000 employees and €1.5 billion in revenue. This threshold is in line with the position adopted by the Council at the end of June, whereas the Commission had proposed 1,000 employees and €450 million in...