EU Parliament Approves Easing of Sustainability Requirements for Companies

During the plenary session at the end of October, a compromise reached by the EPP, socialists, and liberals was unexpectedly rejected in a secret vote, necessitating a new vote amid a lack of agreement among the pro-European parties. The EPP proposed several amendments, all of which were adopted.

Ultimately, 382 Members of Parliament supported the final text, while 249 opposed it and 13 abstained. Notably, far-right groups such as Patriots for Europe, ESN, and the ECR, which had previously voted against the compromise proposal, shifted to support it in this vote.

The duty of care law, a directive (CSDDD) from 2024, mandates that companies closely monitor potential abuses in their supply chains, including forced and child labor. The parliament intends for this law to apply only to companies with over 5,000 employees and a net turnover of 1.5 billion euros. Additionally, members are seeking to limit the scope of the directive (CSRD), which requires companies to report their environmental and climate impact, to those with an average of over 1,750 employees and a minimum net turnover of 450 million euros. The previously rejected compromise had aimed to include companies with at least 1,000 employees.

Furthermore, the requirement for companies to submit climate transition plans, which was part of the initial compromise proposal, has been removed.

Belgian Members of Parliament from Open VLD, CD&V, N-VA, and Vlaams Belang voted in favor of the final text. Hilde Vautmans (Open VLD), one of the few members from Renew who supported it, called it a “much-needed relief for the burdens on our companies.”

In contrast, other parties opposed the vote and criticized the EPP’s collaboration with the far-right. Yvan Verougstraete (Les Engagés) stated, “The European Parliament is officially in the hands of the far-right. The sanitary cordon is dead and buried, the Green Deal and the duty of care have been abandoned, murdered by a climate-skeptical, ultra-liberal, and conservative coalition.” His party transitioned from EPP to Renew this legislative session.


Comments

18 responses to “EU Parliament Approves Easing of Sustainability Requirements for Companies”

  1. Oh splendid, who needs pesky sustainability when we can just roll out the red carpet for big business? 🎉 “Much-needed relief,” indeed – because nothing says progress like easing up on a bit of responsibility, eh? 🙄💼

  2. Noisy Girl Avatar

    Oh, brilliant move there, EU Parliament! Why bother with pesky sustainability when we can just kick the can down the road for the big boys? 🌍💼

  3. Seal Snake Avatar

    Fantastic! Nothing says “sustainable future” like rolling back protections for companies while patting ourselves on the back. Who needs a green deal when you can just count your euros, eh? 😏💶

  4. Sir Shark Avatar

    Oh, brilliant! Just what we needed—less sustainability for the big boys. Because who needs a green planet when you can have corporate profits, right? 🤦‍♂️💸

  5. Clang Glyph Avatar
    Clang Glyph

    Just what we needed, right? A delightful little breather for big corporations while the planet holds its breath. 😂 Who knew saving the world could be so much easier with a few less rules?

  6. prof. smirk Avatar
    prof. smirk

    Oh, fantastic! Nothing like giving big corporations a breather while we sort out who to blame for the mess! 🙄 #SustainabilityGoals

  7. Congo Wire Avatar

    Looks like the EU Parliament has discovered that sustainability is just too much hassle for the big boys. Why bother being green when you can just be “slightly less beige”? 🙄💼

  8. Oh brilliant, just what we needed – a little less sustainability to keep the big boys happy! Who knew that saving the planet could be so complicated? 🙄

  9. blackexcalibur Avatar
    blackexcalibur

    Just what we needed, a little less burden on our mega-corporations—because who needs pesky sustainability when you can have profit margins, right? 😂 Cheers to a new era of eco-friendly *wink-wink* capitalism!

  10. Well, isn’t this just splendid! The big boys can now play with a touch of climate change on the side, while the little guys can keep sweating over those pesky sustainability rules. 🍻

  11. roma kabuki Avatar
    roma kabuki

    Just what we needed—a nice little breather for the big companies while the rest of us try to figure out how to recycle our coffee cups. Bravo, EU Parliament! 🙄💼

  12. Good William Avatar
    Good William

    Oh brilliant, nothing says “sustainable future” like lightening the load for big companies, right? 🤦‍♂️ It’s like telling a kid they can skip their homework if they promise to be nice next time!

  13. Blistered Outlaw Avatar
    Blistered Outlaw

    Oh, brilliant move by the EU Parliament! Who needs pesky sustainability when we can have a nice cup of corporate relief, right? 🍵💼

  14. Lady Peach Avatar

    Look at them go, what a splendidly crafted shortcut to sustainability! Just when you thought the EU was serious about saving the planet, they pull a fast one and ease the rules—brilliant! 🤦‍♂️💼

  15. Just what we needed, a little less sustainability to keep the big boys happy. Who needs pesky environmental laws when we can have a cozy chat with the far-right over a pint, eh? 🍻

  16. bambi wings Avatar
    bambi wings

    Looks like the EU’s new motto is “why bother with sustainability when you can just ease the rules?” Now that’s some top-notch environmental stewardship, eh? 😏💼

  17. Kimono Goddess Avatar
    Kimono Goddess

    Just what we needed, a little less oversight for the big guys—because who needs responsible business practices when you’ve got a far-right fan club in parliament? 🍻 Cheers to “sustainability” that conveniently skips the small print!

  18. mule lock Avatar

    Brilliant! Who knew that easing sustainability requirements was the new way to show “care” for the environment? 🤦‍♂️ Just what the big boys needed—less paperwork and more profit margins! 🍻

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