France strikes again to undermine the European Directive on Corporate Due Diligence

Reclaim Finance criticizes the French government for attempting to sabotage the European Corporate Sustainability Due Diligence Directive (CSDDD) by demanding that the employee threshold for company applicability be raised from 500 to 5,000. This move would exempt approximately 14,000 companies from the directive's requirements to prevent human rights violations and environmental pollution in their value chains.

• France has demanded that the scope of the Corporate Sustainability Due Diligence Directive (CSDDD) be revised to raise the employee threshold from 500 to 5,000, aligning it with the 2017 French law on the duty of vigilance. This change would exclude more than 80% of the companies concerned, specifically exempting approximately 14,000 companies operating in Europe.
• The French government's demand to raise the threshold contradicts its own 2020 evaluation of the duty of vigilance law, which recommended lowering the thresholds, as well as a report from the National Assembly’s Foreign Affairs Committee.

APA

Martin, L. (2024). France strikes again to undermine the European Directive on Corporate Due Diligence. Reclaim Finance. https://reclaimfinance.org/site/en/2024/02/28/france-strikes-again-to-undermine-the-european-directive-on-corporate-due-diligence/

Chicago

Martin, Léo. France strikes again to undermine the European Directive on Corporate Due Diligence. Reclaim Finance, 2024. https://reclaimfinance.org/site/en/2024/02/28/france-strikes-again-to-undermine-the-european-directive-on-corporate-due-diligence/.

Wikipedia

{{cite press release |last1=Martin |first1=Léo |title=France strikes again to undermine the European Directive on Corporate Due Diligence |publisher=Reclaim Finance |date=28 February 2024 |url=https://reclaimfinance.org/site/en/2024/02/28/france-strikes-again-to-undermine-the-european-directive-on-corporate-due-diligence/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{martin2024france, author = {Martin, Léo}, title = {{France strikes again to undermine the European Directive on Corporate Due Diligence}}, publisher = {Reclaim Finance}, year = {2024}, month = feb, url = {https://reclaimfinance.org/site/en/2024/02/28/france-strikes-again-to-undermine-the-european-directive-on-corporate-due-diligence/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }