Green groups decry EU ‘betrayal’ after vote to reduce oversight of firms

Social and environmental reporting to be required of fewer companies after EPP aligns with far right to achieve goals

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Fewer companies operating in Europe will be made to carry out due diligence on the societal harms they cause, in what green groups have called a “betrayal” of communities affected by corporate abuse.

The gutting of the EU’s sustainability reporting and due diligence rules, which was greenlit by MEPs on Tuesday, slashes the number of companies covered by laws to protect human and ecological rights, and removes provisions to harmonise access to justice across member states.