CSDDD back to square one as council blocks legislation

Motive Research

Motive Research

The European Union's Corporate Sustainability Due Diligence Directive (CSDDD) has encountered a significant obstacle as the European Council did not provide the necessary endorsement, effectively halting its progress. This development casts uncertainty on the directive's future, especially with the approaching European elections. Despite efforts to modify the directive for broader acceptance, opposition from key member states like Germany and Italy was a major hurdle. The directive's aim to enforce stringent human rights and environmental standards for companies now faces a delay and potential reevaluation after the elections. For more detailed insights, you can read the full article https://www.commercialriskonline.com/csddd-back-to-square-one-as-council-blocks-legislation/

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The EU Corporate Sustainability Due Diligence Directive (CSDDD) faced a setback as it did not receive the necessary support from the European Council, putting its future in jeopardy before the European elections in June. Attempts to modify the directive to gain approval failed, with significant opposition from countries like Germany and Italy. The directive aimed to enforce human rights and environmental due diligence requirements for companies, but faced criticism for potentially burdening smaller firms. Its rejection indicates a significant delay and possible renegotiation post-elections, impacting the EU’s approach to corporate sustainability standards​

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