By
Reuters
Published
February 26, 2025
The European Commission on Wednesday proposed sweeping changes to EU green rules, scrapping sustainability reporting requirements for thousands of companies and delaying its due diligence policy by a year.
Under the proposals, only companies with over 1,000 employees would be obliged to report on their environmental and human rights impact.
The rules currently target firms with over 250 employees, and the commission said the change would exempt 40,000 companies – or 80% of all firms the policy was originally designed to apply to.
The proposals will need to be negotiated and approved by the European Parliament and EU member states.
© Thomson Reuters 2025 All rights reserved.
SelectFashion, the popular women's fashion retailer known for its affordable, trendy clothing, is set to close 35 stores within days, following a series of clo
One ranged from a gilded embassy or under the Louvre to an elegant br
Ms Rule is a special educational needs coordinator at Douay Martyrs Catholic Secondary School in Hillingdon but works on her business in the evenings and at wee
British fashion is under threat from artificial intelligence that can identify popular products and flood the market with cheap copies, designers have warned.Fu