Top Economists Urge EU to Save Due Diligence Laws From Rollback

Top economists urge EU to save due diligence laws from rollback

Nearly 100 economists from across Europe are pushing back against the commission’s plan to weaken its own recent rules on human rights and the environment in corporate supply chains.

EU committee seeks further dilution of sustainability law

Save European parliamentarians have asked for even more companies to be cut from the scope of sustainability reporting and human rights due diligence, following the start of a process to streamline existing legislation. In a set of proposals that emerged on social media, members of the Parliament’s committee on economic and monetary affairs proposed that the threshold or companies caught by the new rules should be lifted to 3,000 employees and t…

JOINT PRESS RELEASE Prominent economists across the EU warn of the deep costs of weakening sustainability regulations

Economists across the EU warn of the deep costs of weakening sustainability regulations

PRESS RELEASE, 19 May 2025 PRESS RELEASE STATEMENT 90 prominent economists from the EU have issued a warning regarding the European Commission’s Omnibus I package, claiming it poses a significant setback that could jeopardise the EU’s global leadership in sustainability and human rights. The economists argue in their common statement that attempts to dilute the Corporate Sustainability Due Diligence Directive (CSDDD) and the Corporate Sustainab…