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The scope of the directive was sharply reduced, doubling the threshold from companies with 500 to 1,000 employees and increasing the turnover from €150m to €450m (Photo: Unsplash)

EU supply chain law 'slashed' by member states in last-ditch deal

Member states on Friday (15 March) agreed new rules to hold both EU and non-EU companies accountable for their impact on human rights and the environment — but the landmark legislation was severely watered down by delegations and will not come into force for most companies until the end of the decade.

"EU countries did it again: they slashed the rules to appease big business, dealing a blow to Europe's self-proclaimed standing a...

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Author Bio

Paula joined EUobserver in January 2023 and left for Euronews in 2024. Previously she worked for the Spanish online newspaper El Confidencial, where she covered mainly economic and financial affairs.

The scope of the directive was sharply reduced, doubling the threshold from companies with 500 to 1,000 employees and increasing the turnover from €150m to €450m (Photo: Unsplash)

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Author Bio

Paula joined EUobserver in January 2023 and left for Euronews in 2024. Previously she worked for the Spanish online newspaper El Confidencial, where she covered mainly economic and financial affairs.

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