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flag Exxon urges U.S. to block EU law forcing companies to track supply chain impacts, calling it harmful to business.

flag Exxon Mobil is urging the U.S. government to oppose the European Union’s Corporate Sustainability Due Diligence Directive, which requires companies to address human rights and environmental issues in their supply chains or face fines of up to 5% of global turnover. flag CEO Darren Woods has raised concerns with President Donald Trump, calling the law “the worst piece of legislation” he’s seen, claiming it threatens business competitiveness and could drive companies out of Europe. flag The company has paused a €100 million investment in European plastic recycling and seeks U.S. intervention, expressing disappointment with EU regulatory responses. flag While the EU plans to discuss potential changes, Exxon insists current proposals are insufficient and wants the law revoked.

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