The European Union has agreed on the final version of its Carbon Border Adjustment Mechanism (“CBAM”). The CBAM will apply to a limited set of products (cement, aluminium, fertilisers, electric energy production, hydrogen, iron and steel, as well as some “precursors” such as cathode active materials and a limited number of downstream products)
Paulette Vander Schueren
Human Rights and the Environment – European Parliament legal affairs committee approves draft Corporate Sustainability Due Diligence Directive
Posted in EMEA, Governance, Regulation
On 25 April 2023, the European Parliament’s Legal Affairs Committee voted in favour of a revised version of the EU draft Corporate Sustainability Due Diligence Directive (“the Draft Directive”).
The revised version differs from the versions that we have previously commented on here, here and here in the following key respects: