EU: member states adopt watered-down due diligence directive at the last minute

After the texts on non-financial reporting (CSRD) and forced labour, the EU will complete its regulatory framework on CSR with a directive on corporate sustainability due diligence. The text adopted by member states, which has been watered down further, now only requires formal adoption by the European Parliament and Council, expected at the end of April.

Through Antoine Piel. Published on 15 March 2024 Ă  17h28 - Update on 15 March 2024 Ă  17h29

At the cost of numerous concessions from the Belgian Presidency of the Council of the EU, the EU-27 finally approved the corporate sustainability due diligence directive (CSDDD) at the Committee of Permanent Representatives (Coreper) meeting on 15 March. To win over the countries that had been blocking adoption of the text (France and Italy),…

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