It was scheduled for the 15 February agenda, but the European Commission’s proposal on sustainable corporate governance is not expected to be published until 22 February. “There is no particular reason”, according to the Commission, which does not necessarily see this postponement as a delay.
The proposal has been postponed several times since early December 2021. Last week, in front of MEPs of the European Parliament’s Committee on International Trade (INTA), the Director General of the European Commission’s DG Trade, Sabine Weyand, said she was “confident” that the proposal would be presented on time. She had also insisted on her determination to see this text presented quickly (see EUROPE 12876/11).
For the MEP, Manon Aubry (The Left, France), it is less the delay than the content of the proposal that is worrying. “The Commission was expected to propose an ambitious directive on due diligence in June of 2021. With eight months of delay, it seems ready to propose a text that falls far short of the Parliament’s expectations”, she told EUROPE. (Original version in French by Léa Marchal)