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Small firms to be hit by new EU due diligence rules despite exemption, Commission says

By Giulia Bedini and Charlie Drape ( February 23, 2022, 17:05 GMT | Insight) -- Small businesses will be affected by new EU obligations to conduct due diligence checks put forward by the European Commission today despite the rules only applying to large companies, the EU’s executive has said. The draft Corporate Sustainability Due Diligence Directive aims to cover the whole supply chain of services and goods sold on the EU market, and smaller firms are connected to larger ones through the supply chain.Small businesses will be affected by new EU obligations to conduct due diligence checks put forward by the European Commission today despite the proposed rules only targeting large companies, the EU’s executive has said....

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