On 28 February 2024, OECD Watch joined more than 140 civil society organisations in a joint statement condemning the failure of the EU Council to endorse the Corporate Sustainability Due Diligence Directive (CSDDD).
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The lack of support by big EU member states of the CSDDD threatens a vital piece of EU sustainability legislation, which is necessary and overdue to trigger the change in business conduct. It is the result of a democratic process in the European Parliament and of extensive negotiations with Member States.
Now more than ever, the Belgian Presidency must rise to the occasion: it is time to circle back to the Member States and ensure a strong majority without haggling over the key principles of the compromise hammered out in the trilogue agreement.
Read the joint statement: Joint-Statement-reacting-to-the-negative-COREPER-meeting.pdf