BERLIN – New EU laws which would hold multi-nationals accountable for violations of human rights and environmental standards in their supply chains could be set to fail because of Germany. A letter by two German ministers – seen by Reuters news agency – suggests the German government would oppose Corporate Sustainability Due Diligence Directive (CSDDD). The Directive was only agreed by European Union Council and Parliament in December.
“In the Council of the European Union, this will result in Germany abstaining, which will have the effect of a ‘no’ vote,” reads a letter from Justice Minister Marco Buschmann and Finance Minister Christian Lindner, both FDP.
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