The French government seeks ‘indefinite postponement’ of the Corporate Sustainability Due Diligence Directive.

A member of Congress declares European rules on disclosure are ‘foreign regulation that puts America last’.

Advocates call for ‘smart and easy implementation’ of the CSRD, saying political pressure reveals a ‘deregulatory agenda’.

Proxy adviser ISS says recent directives will grant shareholders much greater influence when voting at this year’s European AGMs.

The proposals require company directors to take into account human rights, climate change and sustainability in their decision-making.

Amnesty International and Oxfam are among 47 NGOs that have written to European Commission president Ursula von der Leyen demanding progress.

Tesco, John Lewis, Asos and the Co-op are among the firms calling for new UK laws mandating human rights and environmental due diligence.

Consultation adds new obligations on human rights and stakeholder interests to a raft of measures encouraging long-term value creation.

Companies including Adidas, Nestlé and Ericsson have pledged their backing for “new binding standards which benefit all”.

The German government is under pressure from groups including Oxfam and Friends of the Earth to introduce new legislation regarding global supply chains.