Fast-track vote on deferral of rules on sustainability and corporate responsibility

The European Parliament today approved the use of the fast-track instrument to discuss the postponement of the rules on sustainable and environmentally responsible corporate behaviour during this session. This is in response to business concerns about administrative burdens and the need for more time to adapt.
If MEPs approve the planned proposal, it will mean that some previously approved rules will be postponed for several years. Specifically:
- Due diligence requirements would apply to large European companies with more than 3,000 employees and a turnover of more than €900 million from 2028. The same rules would apply to non-European companies with a similar turnover in the EU.
- Thus, social and environmental responsibility would be mandatory for large companies with more than 250 employees from 2027 and would be extended to SMEs from 2028.
MEPs intend to vote on postponing the rules this Thursday, 3 April.