"EU Passes Revised Corporate Due Diligence Law for Supply Chain Sustainability"

1 min read
Source: Euronews
"EU Passes Revised Corporate Due Diligence Law for Supply Chain Sustainability"
Photo: Euronews
TL;DR Summary

EU member states have voted in favor of a stripped-down version of the corporate sustainability due diligence directive, requiring companies to check supply chains for environmental and labor practices. The legislation, which still needs to be voted on by MEPs, aims to hold companies accountable for their impact on people and the environment. While some see it as a victory, others argue that the diluted plans could indirectly impact smaller businesses and lead some to withdraw from the developing world.

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