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EU eases corporate sustainability rules, raising thresholds and cutting requirements amid industry pressure.
The European Parliament’s legal committee has approved scaled-back versions of the EU’s CSRD and CSDDD laws, raising the threshold for corporate sustainability rules to 5,000 employees and €1.5 billion in annual revenue, down from 1,000 employees and €450 million.
The changes eliminate mandatory transition plans and reduce reporting obligations, citing business competitiveness and regulatory burden.
The move follows pressure from industry groups and key member states, though critics warn it weakens accountability on human rights and climate issues.
Negotiations with the European Council and Commission are expected to finalize the legislation by year-end.
La UE flexibiliza las normas de sostenibilidad corporativa, aumentando los umbrales y reduciendo los requisitos en medio de la presión de la industria.