On 28 February 2024, OECD Watch joined more than 140 civil society organisations in a joint statement condemning the failure of the EU Council to endorse the Corporate Sustainability Due Diligence Directive (CSDDD).
The lack of support by big EU member states of the CSDDD threatens a vital piece of EU sustainability legislation, which is necessary and overdue to trigger the change in business conduct. It is the result of a democratic process in the European Parliament and of extensive negotiations with Member States.
Now more than ever, the Belgian Presidency must rise to the occasion: it is time to circle back to the Member States and ensure a strong majority without haggling over the key principles of the compromise hammered out in the trilogue agreement.
Read the joint statement: Joint-Statement-reacting-to-the-negative-COREPER-meeting.pdf