Climate change - Image by Satheesh Sankaran from Pixabay

EU Member States have agreed to significantly dilute the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD) in a pivotal move away from Europe’s corporate sustainability ambitions.

Today’s launch of the European Commission’s Competitiveness Compass risks becoming a victory for polluting industries at the expense of workers, the environment, and future prosperity.