Lawmakers in the European Parliament voted 374 to 235 to adopt the Corporate Sustainability Due Diligence Directive (CSDDD), a key piece of legislation setting out mandatory obligations for companies to address their negative impacts on human rights and the environment, removing the main an obstacle to implementation. of the new law, which came into significant doubt when its earlier version did not receive approval by the member states in the Council of the EU.

The revised CSDDD, which significantly limits the number of companies covered by the law and extends the timetable for full implementation, must now be formally approved by the Council before taking effect. (Mark Segal, more at esgtoday.com)