Sustainability: EU Parliament confirms reporting requirements for EU companies

In the future, large companies in the European Union will have to inform consumers about the sustainability of their activities. The EU Parliament formally confirmed a corresponding compromise between the EU states and Parliament on Thursday. Between 2024 and 2028, the rules are to come into force step by step.

According to Parliament, up to 50,000 companies would be affected. Companies would have to report on their impact on the environment, human rights and social standards, among other things…

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