EU Slashes Scope of Corporate Sustainability Law, Drawing Criticism for Neglecting Human Rights and Environmental Concerns
BRUSSELS – The European Union (EU) has come under criticism from environmental campaigners after member states approved a revised corporate sustainability directive that has significantly reduced the scope of laws designed to hold companies accountable for human rights abuse and environmental harm in their supply chains. The directive, which was first agreed upon in December, was nearly scuttled when a minor coalition partner in the German government withdrew support. However, after a month-long search for compromise and further lobbying from France and Italy, the directive was approved on Friday. The Belgian government, which currently holds … Read more