EU Signals Flexibility on ESG After Threats From Qatar, US

Europe signaled it’s willing to accommodate international concerns about its ESG rules, as the bloc fields threats from the US and Qatar.

The comments follow a barrage of complaints targeting the EU’s corporate sustainability reporting and due diligence directives, known as CSRD and CSDDD. Though both directives are in the process of being wound back, they’re still set to apply to companies outside the bloc if they do business inside the EU.