European business remains supportive of the objectives of the proposed directive on corporate sustainability due diligence (CS3D). However, in a joint statement co-signed with 35 other European Industry associations, FESI urges co-legislators to work on a reasonable approach that is manageable for companies in practice. The European economy, including SMEs which will be impacted even if formally out of the scope, need a workable due diligence framework that is drafted in a balanced and proportionate way.

See our joint statement here