EU Due Diligence Act: sore spot for fina • Table.Briefings

The EU Due Diligence Act obliges companies to take responsibility for environmental protection and human rights in their value chains.

An agreement could be reached on Wednesday in the trilogue on the directive on corporate due diligence in the supply chain. The Council and Parliament still hold different positions, particularly on the issue of the coverage of financial service providers.

The Commission, Council, and Parliament are expected to meet on Wednesday evening for the final trilogue on the EU due diligence act. The last major hurdle to an agreement is the question of whether financial service providers will also be included in the planned European standard for responsible corporate behavior (Corporate Sustainability Due Diligence Directive, CSDDD).

EU Due Diligence Act: sore spot for financial service providers

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