Commerce supports European rules for corporate sustainability due diligence – yet a number of issues still require resolving

The Finnish Commerce Federation and its members are focused on advancing corporate responsibility in their own activities. In principle, the Finnish Commerce Federation welcomes the Commission’s proposal for a Directive on corporate sustainability due diligence. Although the promotion of corporate responsibility is a global challenge, which would require primarily global solutions, the Directive should help to ensure level-playing field between companies in the Single Market and to avoid the fragmentation of regulation, which would be the inevitable result of purely national legislation. At the same time, European rules promote the corporate responsibility of businesses more effectively than any unilateral measures by the Member States would.

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