Source: Global Compliance News.

The European Parliament has taken a significant step by approving the “Stop-the-clock” Directive, which postpones compliance timelines for the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD). This decision aims to provide businesses with greater certainty as they navigate evolving sustainability regulations, marking a pivotal moment in the EU’s approach to corporate responsibility and environmental accountability.

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