The JURI committee just voted on significant improvements to the Commission’s #CS3D proposal. The compromises agreed today brings the proposal to a much better alignment with the #UNGPs and the OECD standards. 🧵
🐦🔗: https://n.respublicae.eu/HeidiHautala/status/1650779718675775489
The parliament’s position, to be adopted by the plenary at the end of May, will support enlarging the scope of the directive to include all large companies (250 employees + 40 € million turnover). SMEs can apply the directive voluntarily with support measures in place.
🐦🔗: https://n.respublicae.eu/HeidiHautala/status/1650779720303222786
The compromises reflect several @GreensEFA priorities. In particular, strengthened climate provisions, robust stakeholder engagement, improved access to justice elements, and heightened due diligence in conflict areas.
🐦🔗: https://n.respublicae.eu/HeidiHautala/status/1650779721842454528
All in all, the report marks an important milestone on the road towards more responsible business conduct.
🐦🔗: https://n.respublicae.eu/HeidiHautala/status/1650779723344105473