Supply chain ESG laws face uphill battle
A last-minute compromise has saved a landmark EU reform to hold the bloc’s biggest companies accountable for environmental, social and governance (ESG) abuses in their supply chains. But the need to dilute the rules to win political buy-in, plus a US decision to scrap supply chain obligations from the country’s fresh climate-disclosure rules, reveals the difficulty of holding firms legally responsible for their business partners’ actions.
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