MEPs overwhelmingly backed today a proposal to delay new EU rules of corporate sustainability reporting and mandatory due diligence on the environmental and social impacts of trading partners, with the Greens joining a centrist alliance of social democrats, liberals and conservatives that they hope will strengthen the centre ground of EU politics.
The ‘stop the clock’ measure proposed by the European Commission on 26 February was rushed through using an emergency legislative procedure on the grounds of an imminent threat to the competitiveness of European businesses, an issue that the president of the EU executive, Ursula von der Leyen, has made the hallmark of her second term.
