PARIS/BRUSSELS — France is pushing to delay EU rules requiring companies to report on their environmental footprint and exposure to climate risk and to check that their suppliers comply with environmental and forced labor rules.
In a document seen by POLITICO and dated Jan. 20, France pushed to delay indefinitely a new European directive on corporate due diligence (CSDDD) and to delay by two years the corporate sustainability reporting directive (CSRD).
“The French authorities are in favor of delaying sine die the entry into force of the [CSDDD] directive,” reads the document.
“The delay must give the necessary time to improve the directive,” the document added, specifically regarding its scope, which France argues should not apply to companies smaller than 5,000 employees and whose revenue does not exceed €1.5 billion.
