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Scope of EU corporate due-diligence rules widened in trade lawmakers' compromise deal

By Joanna Sopinska ( January 24, 2023, 16:23 GMT | Insight) -- EU corporate due-diligence obligations should apply more widely and to smaller companies than originally proposed, lawmakers from the European Parliament's international trade committee agreed today as they narrowly voted for a compromise plan on the rules. Liberal and left-leaning groups pushed through amendments that would include financial services in the proposed Corporate Sustainability Due-Diligence Directive and lower size thresholds for those in scope.EU corporate due-diligence obligations should apply more widely and to smaller companies than originally proposed by the bloc's executive, lawmakers from the European Parliament's international trade committee agreed today as they narrowly voted for a compromise plan on the rules....

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