EU Parliament Votes To Delay Implementation of Sustainability Reporting and Due Diligence Obligations

The European Parliament voted to delay implementation of the EU’s corporate sustainability reporting and due diligence directives while the bloc works to simplify their requirements, suspending the deadlines for many companies to comply. Partner Simon Toms, counsel Jonathan Benson and associate Justin Lau discuss the implications of this delay and the ongoing efforts to simplify the EU's environmental, social and governance reporting regime.