EU PARLIAMENT APPROVES CORPORATE SUSTAINABILITY DUE DILIGENCE DIRECTIVE
On 1 June, the European Parliament adopted the Corporate Sustainability Due Diligence Directive (CSDD), with 366 votes in favour, 225 against and 38 abstentions. This is a historic step for the EU, which is moving ever closer to the international business and sustainability standards dictated by the UN Guiding Principles and the OECD Guidelines.