Discover Top Posts Tagged with #watered down

listen to this song in the shower

#video #MIKE #watered down #been listening to this song like a lot the past few days #Youtube

The EU parliament’s biggest centre-right bloc joined forces with the hard right to back amending the legislation on corporate sustainability

...sustainability. European lawmakers have voted to back the weakening of landmark EU environmental and human rights rules, as part of a business-friendly drive to slash red tape pushed through with far-right support. The EU parliament’s biggest centre-right bloc joined forces with the hard right to back amending the legislation on corporate sustainability – a law approved only last year that was hailed by green and civil society groups but loathed by firms. The text is one of the first to fall under the axe of Brussels’ new drive to make life easier for Europe’s ailing industry, which is struggling in the face of competition from the US and China. The Corporate Sustainability Due Diligence Directive (CSDDD) requires large companies to fix the “adverse human rights and environmental impacts” of their supply chains worldwide. This means tracking deforestation and pollution that they, as well as their suppliers and subcontractors cause, plus other issues like forced labour – and taking steps to curtail them. Today, EU lawmakers backed limiting its application to large companies, upping the threshold to qualify from 1,000 to 5,000 employees and more than €1.5 billion in turnover – in line with changes endorsed by member states. They also moved to do away with the European civil liability regime, which served to harmonise firms’ obligations in the event of breaches, referring to national legislation instead. The changes, which aim at significantly reducing the law’s scope of application, secured support from 382 lawmakers, with 249 voting against.

#eu #eu politics #corporate susstainability act #watered down #eu (far)rightwing meps #climate crisis #health #environment