Weaken the rules for corporate sustainability reporting! Is Europe going to relax "green regulations"?
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The European Parliament passed a bill that weakens corporate sustainability reporting rules, significantly raising the mandatory reporting threshold to large enterprises with more than 5,000 employees and annual revenues exceeding 1.5 billion euros, while also removing the requirement for companies to develop green transition plans. This vote is seen as a major policy shift for the EU from climate ambition to deregulation. However, the final fate of the bill remains uncertain due to opposition from member states such as Germany and France
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