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flag EU eases corporate sustainability rules, raising thresholds and cutting requirements amid industry pressure.

flag 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. flag The changes eliminate mandatory transition plans and reduce reporting obligations, citing business competitiveness and regulatory burden. flag The move follows pressure from industry groups and key member states, though critics warn it weakens accountability on human rights and climate issues. flag Negotiations with the European Council and Commission are expected to finalize the legislation by year-end.

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