Sustainable value chains: European Parliament adopts its negotiating position on the Corporate Sustainability due Diligence Directive
Today, the European Parliament has adopted its negotiating position on the proposal for a Corporate Sustainability Due Diligence Directive (CSDDD). A majority of 366 Members of the Parliament voted in favour of almost all the amendments endorsed by the Committee on Legal Affairs in April, with 225 votes against and 38 abstentions. The vote reflects cross-party support for an enhanced contribution by businesses to sustainability and a clear mandate for the rapporteur to negotiate with the Commission and the Council.
The Parliament’s proposed amendments reinforce the risk-based approach to due diligence compared to the Commission’s proposal...