abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb

The content is also available in the following languages: français

Article

9 Feb 2024

Author:
Reuters,
Author:
Boursorama avec AFP

EU delays due diligence law decision

"EU delays supply chain law decision after German objections", 9 Feb 2024

European Union countries on Friday postponed a decision on a proposed law which would require large companies to check if their supply chains use forced labour or cause environmental damage after Germany indicated it would abstain.

A "qualified majority" of 15 EU countries representing 65% of the EU population is needed for the corporate sustainability due diligence directive (CSDDD) to proceed to a final vote in the European Parliament, where lawmakers are expected to support it...

Once the engine of EU integration along with France, Germany is increasingly becoming the brake, with a divided coalition.

Germany's pro-business Free Democrats opposed the supply chain law, arguing it would burden business with excessive bureaucracy. They also brought late objections to an EU law to end sales CO2-emitting cars by 2035 and on EU plans to reduce truck emissions.

Their coalition partners, the Social Democrats and the Greens, backed the law and warned that Germany would lose credibility in the EU with their last minute opposition.

The Belgian EU presidency said the item had been removed from the agenda of Friday's meeting of envoys from the EU's 27 countries and would be rescheduled to a date to be announced.

The EU diplomat said it was set to be next Wednesday...

Timeline

Privacy information

This site uses cookies and other web storage technologies. You can set your privacy choices below. Changes will take effect immediately.

For more information on our use of web storage, please refer to our Data Usage and Cookies Policy

Strictly necessary storage

ON
OFF

Necessary storage enables core site functionality. This site cannot function without it, so it can only be disabled by changing settings in your browser.

Analytics cookie

ON
OFF

When you access our website we use Google Analytics to collect information on your visit. Accepting this cookie will allow us to understand more details about your journey, and improve how we surface information. All analytics information is anonymous and we do not use it to identify you. Google provides a Google Analytics opt-out add on for all popular browsers.

Promotional cookies

ON
OFF

We share news and updates on business and human rights through third party platforms, including social media and search engines. These cookies help us to understand the performance of these promotions.

Your privacy choices for this site

This site uses cookies and other web storage technologies to enhance your experience beyond necessary core functionality.