US EditionEPP Teams up with Far Right to Water Down EU Due Diligence Rules
The European Parliament raised thresholds for corporate due diligence, easing rules for companies below 5,000 employees or €1.5 billion turnover, with 382 MEPs supporting the measure.
- On Thursday, the European Parliament approved a package to simplify sustainability reporting and weaken due diligence rules, passing it 382 to 249 with 13 abstentions before negotiations with member states.
- The EPP allied with the European Conservatives and Reformists and Patriots for Europe, and as the largest group, it says it is pragmatic in finding votes where it can.
- The new thresholds limit coverage to companies with more than 5,000 employees and €1.5 billion, narrowing reporting requirements from the original >1,000 employees and €450 million.
- The result sets a precedent that the European Commission could exploit to pass diluted environment and migration legislation, following the postponement and watering-down of the EU deforestation law.
- Critics, including German Chancellor Friedrich Merz, warned that Renew Europe was divided and the EPP refused weeks of talks with centrist groups, exposing political fragmentation.
23 Articles
23 Articles
The cordon of health was formally buried in the EU this Thursday, when the European People's Party (PPE) and ultra-right formations happily consummated and for the first time their union to pass a legislative measure in the European Parliament, in this case a reduction of environmental sustainability requirements and respect for human rights for business.In the past there have already been skirmishes on the basis of resolutions and amendments, b…
EU vote is a decisive blow to far-Right cordon sanitaire
The European Union has for some time lived according to two core political principles: the Brussels effect and the cordon sanitaire. The first is the idea that the EU, simply by virtue of its market size, can act as the world’s regulator as long as it always steps in first to do so. The second is the idea that the far-Right can — and must — be blocked from power. Neither of these ideas have been good for the EU. The Brussels effect encourages th…
EPP Votes With Right To Ease Corporate Sustainability Rules
The European Parliament has broken the long-standing cordon sanitaire separating the left-leaning center and right-wing forces, as the European People’s Party (EPP) voted with conservative and right-wing groups to tone down the EU’s environmental and human rights legislation. On Thursday, November 13th, European lawmakers backed what supporters described as a “simplification” of corporate sustainability reporting and due diligence obligations. T…
BRUSSELS — Members of the European Parliament agreed on Thursday to exempt more companies from green reporting rules. Groups from the center-right to the far right voted to adopt this first omnibus simplification package for the European Union. This result illustrates the willingness of the European People's Party (EPP), a center-right group, to abandon its traditional allies and continue, with the support of far-right groups, to push through it…
The EU Parliament once again voted on the so-called supply chain law - and voted in favour of a weakened version with the votes of extremely right-wing groups. Now the final negotiations can begin.
On Thursday, the EU Parliament voted in favour of a weakened form of the supply chain law. In the future, the rules will only apply to large companies with more than 5,000 employees and annual sales of at least EUR 1.5 billion. Originally, the limit was 1000 employees and a turnover limit of EUR 450 million. Nor will the entire supply chain be controlled as originally planned. Moreover, companies that violate the rules are no longer subject to c…
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- 37% of the sources lean Left, 36% of the sources are Center
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