The European Parliament rejected a bill on Wednesday to simplify rules for European businesses on sustainability reporting and due diligence obligations.
The vote comes amid mounting pressure from some EU member states to pass the bill and from the US and Qatar to scale back the EU's due diligence law contained in it, which in their view risks disrupting liquefied natural gas trade with Europe.
What is the law about
The EU's due diligence law (Corporate Sustainability Due Diligence Directive) was adopted in May 2024 and requires companies to check their supply chains for questionable envi
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