EU: Council fails to approve Corporate Sustainability Due Diligence Directive

On February 28, 2024, the Belgian Presidency of the Council of the European Union made an announcement, via X (formerly Twitter), regarding the Corporate Sustainability Due Diligence Directive (CSDDD). In particular, the Belgian Presidency stated that "The final compromise text on the Corporate Sustainability Due Diligence Directive (CSDDD) was put forward for endorsement by Ambassadors at Coreper