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Brussels Rips EU Corporate Accountability Law

by Ahmed Hassan - World News Editor

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EU Corporate Sustainability Due Diligence Directive Weakened, ​Raising ⁤Human‌ Rights Concerns

A recent vote in‌ the European‍ Parliament significantly ‌weakened the Corporate ⁤Sustainability Due Diligence Directive⁤ (CSDDD), sparking concerns‌ about corporate accountability⁣ for human rights and environmental abuses within global supply chains. ⁢The changes, finalized on November 13, 2024, represent a setback for years ‍of advocacy and legislative effort.

Background: The Corporate Sustainability Due ‍Diligence‌ Directive (CSDDD)

The CSDDD aimed to establish a ⁤legal framework requiring companies to identify,prevent,mitigate,and account for human rights and environmental risks throughout their value‌ chains.‌ This⁢ included ​obligations‍ to conduct⁣ due diligence​ across the supply chain -‌ encompassing all stages from raw material sourcing to manufacturing and distribution -⁣ and to⁣ provide remedies for victims of abuse.As ​ human Rights watch ​reported in May 2024,⁤ the initial directive represented a groundbreaking step towards corporate‌ accountability.

The November ⁢13th Vote: A Setback for ⁤Rights Protections

On november 13, 2024, a majority in the European parliament, driven by‌ a coalition including⁢ the⁤ European People’s Party (EPP) and ​far-right parties,‌ significantly altered the⁣ CSDDD​ during amendment negotiations.‌ This resulted in a substantially weakened directive, diminishing the⁢ scope of corporate responsibility. The EPP, the largest political group⁢ in the European parliament, lead by Manfred Weber, ⁢openly aligned with far-right factions to achieve ​this outcome.

Key changes included removing provisions for ‍civil liability at the⁤ European level, ​which would have allowed victims of abuses ⁢to seek‍ redress directly from companies. This effectively‍ shields corporations from ‍legal consequences for⁣ harms caused within their⁢ supply chains. Critics argue this failure⁢ “dangerously normalizes ⁤a global erosion of human⁤ rights standards at the hands of corporate lobbies.”

Political Alignments and‍ Opposition

The weakening⁢ of‌ the⁣ CSDDD was largely attributed to the coordinated efforts of the EPP and far-right parties.‍ These groups argued that the original directive imposed excessive burdens​ on businesses and hindered‍ competitiveness. their opposition was bolstered by extensive lobbying from corporate interests seeking to avoid⁤ stricter regulations.

the⁢ vote highlights a growing ‍tension between ⁤the push for⁣ greater corporate social responsibility and ⁣the influence of business‌ lobbies within the EU political ⁤landscape. The outcome‍ represents a meaningful victory ⁤for those advocating for deregulation and a more lenient approach to corporate accountability.

Impact on​ Supply Chain Accountability

The ‍revised CSDDD⁣ significantly reduces the incentive for companies to​ proactively address human rights and environmental‍ risks in their supply chains. Without‌ the threat of civil liability, corporations are less likely to​ invest in robust due diligence measures and provide effective remedies for victims of abuse. This could lead to a continuation,or ​even an increase,in exploitative labor practices,environmental ⁣degradation,and other harmful impacts associated with global supply chains.

The directive now focuses⁢ primarily on ‍reporting requirements, rather than⁢ enforceable obligations.while reporting ⁤can raise awareness, it lacks the ​teeth necessary to‌ drive meaningful change.

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