EU, Policy and Regulation

EU agrees big companies must align their climate plans with Paris Agreement

EU: agreed text requires companies to align their business strategies with the Paris Agreement goals (Photo: James Arthur Gekiere/Belga Mag/AFP via Getty Images)

EU legal affairs committee outlines climate transition plan rules for corporates as part of the Corporate Sustainability Due Diligence Directive, but delayed deadlines and the exemption of some financial institutions draw criticism. All large companies in Europe will have to produce climate transition plans in line with the Paris Agreement, ...

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