The EU-Corporate Sustainability Due Diligence Directive has been building since 2020. On February 28th, the proposed legislation was dealt a potentially fatal blow as it failed to achieve the qualified majority in the European Parliament required to be ratified.
Motive Insights
Noteworthy: European Parliament Fails to Ratify CSDDD
The EU-Corporate Sustainability Due Diligence Directive failed to achieve required majority in European Parliament on February 28th.