Corporate Lobbying Eroded Flagship EU Sustainability Rules – Report

Corporate Lobbying Eroded Flagship EU Sustainability Rules – Report

Dozens of companies and trade bodies were involved in an effort to water down key sustainability legislation in the EU, according to a new report published today.  The Corporate Sustainability Due Diligence Directive (CSDDD) was designed to oblige large companies trading in the EU to address human rights and environmental issues in their operations and supply chains. The original proposal was praised by climate and human rights groups for offeri…

Council of the EU | Simplification: Council agrees position on sustainability reporting and due diligence requirements to boost EU competitiveness | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resource

Member states’ representatives agreed today the Council’s negotiating mandate on simplifying sustainability reporting and due diligence requirements to boost EU competitiveness. This proposal aims at simplifying the directives on corporate sustainability reporting (CSRD) and due diligence (CS3D) by reducing the reporting burden and limiting the trickle-down effect of obligations on smaller companies. “Today we delivered on our promise to simpli…

EU Member States Agree on Bigger Cuts to Sustainability Reporting, Due Diligence Than Omnibus Proposal

The European Council announced an agreement by EU member states on the Council’s negotiating position on the Omnibus proposal to simplify and reduce sustainability reporting and due diligence requirements for companies. The Council’s agreed position targets more significant cuts to the EU’s sustainability-focused regulation than the Commission’s initial proposals, particularly for the Corporate Sustainability Due Diligence […]